BHP Billiton which this week announced it had acquired an interest in 14 exploration and production licenses offshore the Falkland Islands is a leading global leader in the diversified resources industry with an annual turnover of 47.5 billion US dollars in fiscal 2007.
The annual Fisheries Science Meeting of the Government of South Georgia and the South Sandwich Islands (SGSSI) was held recently in the Falkland Islands
Speaking to local shareholders in Desire Petroleum plc at a meeting in Stanley on Monday evening, Chairman Dr Colin Phipps said that he was more optimistic than he had been for a long time about the company's prospects of finding oil in commercial quantities in the North Falkland Basin.
Falkland Oil and Gas Limited (FOGL) is pleased to announce that it has entered into a farm-out agreement with a subsidiary of BHP Billiton, the world's largest diversified resources company, over FOGL's 2002 and 2004 licences to the South and East of the Falkland Islands.
The former Royal Navy amphibious assault ship Fearless, which was a key part of the Falklands fleet, is expected to be recycled at a Belgian shipyard, the Ministry of Defence announced today.
The coming Falkland Islands 2007/08 cruise ship season will be the busiest on record with an estimated 81.000 passengers expected to visit the South Atlantic archipelago beginning October 20, reports the Falkland Islands Tourist Board, FITB.
The Falkland Islands historic Stanley Racecourse is now totally government owned thus securing the whole area for recreational purposes at least for the next fifteen years. The racecourse considered a Falklands' heritage is one of the main annual attractions for local residents particularly over Christmas and New Year
Britain is seeking to legally annex stretches of the south Atlantic seabed in a bid to tap gas, mineral and oil wealth, in a move that could raise tension with Argentina, a newspaper reported Saturday.
Headlines:
Death of a hero; No full-timers for this council; £3m price tag for terminals; Cathedral rector heading south; 'Governor Gurr'; Oil operators meeting; Beds for vets still nended.
Rockhopper has agreed its relinquishment pattern in accordance with the standard terms of its licences PL023 and PL024 with the Falkland Islands Government.