Independent oil and gas company, with assets offshore Falkland Islands, Borders & Southern Petroleum, (AIM: BOR) has announced it has raised £1.5 million, before expenses to advance the development of its 100% owned Darwin Gas Condensate discovery offshore the Islands. The Fundraising comprises a placing and a subscription by a majority of the Company's directors.
The issue of the controversial clash days during the cruise summer season was also addressed by ExCo in its end of September meeting. It was noted that the Falkland Island Tourist Board (FITB) is currently taking cruise ship bookings out to the 2026/27 season and intends to continue monitoring future clash days during the 2024/25 season.
LATAM Airlines has announced an interest in refinancing its US$450 million 13.375% Senior Secured Bonds maturing in 2027, and its current US$1.1 billion term loan agreement. The debt was issued in October 2022 in connection with its exit from the reorganization proceedings under Chapter 11 of Title 11 of the United States Code.
This Wednesday afternoon a spectacular ring of fire annular solar eclipse will be visible for some parts of South America. While southern Chile and Argentina, Patagonia, will see a ring of the Sun as the Moon passes in front of it, those in the Falklands Islands will see a large solar eclipse.
The Falkland Islands Tourist Board (FITB) celebrated a successful World Tourism Day event, with a strong turnout from both businesses and the community. Eight local tourism businesses participated, and for the first time, the event also featured arts and crafts, showcasing four different types of crafts. This addition reflects the growing involvement of local suppliers, with 73 now represented at the Jetty Visitor Centre.
The Falkland Islands Government has celebrated a successful season attending major UK party conferences, including the Labour Party Conference in Liverpool, the Conservative Party Conference in Birmingham, and, for the first time, the Liberal Democrat Conference in Brighton.
Lawyer Valeria Carreras has filed a criminal complaint against Foreign Minister Diana Mondino for alleged “breach of official duties” and “abuse of authority” after the understanding she signed with the United Kingdom to renew the monthly flight between Córdoba and Mount Pleasant, which had been suspended under former President Alberto Fernández when the Foradori-Duncan agreement was denounced.
The Falkland Islands delegation are now in Birmingham for the Conservative Party conference, and as happened in Liverpool with Labour, a stream of lawmakers and friends showed at the Islands stand to express support for Falklands self determination and to listen about the modern Falklands.
On September 27 World Tourism Day, Anotnio Guterres United Nations Secretary General released the following message, Tourism brings people together. On this World Tourism Day, we reflect on the profound connection between tourism and peace”.
The South Atlantic understanding, (and by extension to the Falkland Islands), agreed this week between the Argentine foreign minister and the UK foreign secretary has triggered quite strong reactions, reflecting an atmosphere of disarray in the Argentine political system.