Three oil explorers drilling in the Falkland Islands, including Houston based Noble Energy have shelved plans to drill a second well in the south and east Falklands following the steep drop in oil prices, one of the partners said on Monday. Partners, which also include London-listed Falkland Oil and Gas (FOGL) and Edison International, said they would continue drilling in other parts of the region.
Noble Energy announced Monday that it has acquired additional acres offshore the Falkland Islands and plans to start drilling, despite opposition from Argentina’s government. The Houston-based oil company now holds a 75% interest in a license in the North Falkland Basin from Argos Resources Limited, an oil and gas exploration company based in the Falkland Islands.
British Special forces have carried a raid on the Falkland Islands to test the garrison's security amid fears that Argentina may try to land commandos on the Islands, according to a piece published in the Sunday Express. Apparently such routine exercises are carried out in UK highly sensitive bases and defense compounds.
Addressing the Americas summit in Panama, Argentine president Cristina Fernandez strongly criticized United States policies towards the hemisphere, particularly Venezuela, and expressed 'surprise' at the parallelism between the Caracas/Washington current dispute and the latest round of Falklands' exchanges between London and her government. President Barack Obama was not present during the Argentine leader's speech on Saturday.
Tony Mason, Chief Executive Officer of the Falkland Islands Tourist and H.E. The Governor of the Falkland Islands, Mr. Colin Roberts, presented the 2015 tourism awards on 1st April 2015. It was also a successful finale for CEO Mason who now has an even more ambitious task with the Falkland Islands Tourist Board in the United Kingdom.
Argentine ambassador in London, Alicia Castro complained about being summoned to the Foreign Office over the Falklands/Malvinas Islands dispute revealing she asked the British official if it was “an expression of British humor or a political paradox”, since the UK has failed to comply with international law for the last five decades.
Argentine President Cristina Fernandez is attending the VII Summit of the Americas in Panama City where she is expected on Saturday to strongly criticize the United Kingdom over the 'militarization' of the Falklands/Malvinas and revelations of massive espionage of Argentina by London.
The UK Foreign Office summoned Argentine Ambassador Alicia Castro to object recent remarks regarding the Falkland Islands by President Cristina Fernandez and the diplomat based in London. An FCO spokesperson said that Britain has no doubt about its sovereignty over the Falkland Islands and surrounding maritime areas, nor about the Falkland Islanders' right to decide their own future.
The Falkland Islands are set to have another bumper year of Illex squid catches with 150,000 tons already caught this season. Last year the fishery had a record catch of over 306,000 tons. It is, “a record catch at this point in the season, at least in the last 25 years of the fishery” Senior Scientist at the Falkland Islands Fisheries Department Dr Sasha Arkhipkin, told Penguin News.
Argentina's government on Thursday formally accused five oil companies of conducting illegal exploration work off the British-ruled Falkland Islands, which Buenos Aires claims as its own. The companies are Britain's Rockhopper Exploration plc, Premier Oil plc and Falkland Oil and Gas Ltd; Houston-based Noble Energy Inc.; and Italy's Edison International SpA, Argentina's Foreign Ministry said in a statement.