Royal Navy and Royal Air Force pilots will benefit from a cutting-edge new cruise missile, following the first successful guided firing trial of the SPEAR missile. SPEAR, which is a next generation turbojet-powered miniature cruise missile, successfully completed the trial after being fired from a BAE Systems-operated Typhoon jet at Vidsel range in Sweden.
Following the public consultation for the Environmental Impact Statement (EIS) for the Sea Lion Field Northern Development Area, Phase 1 and 2, submitted by Navitas Petroleum Development and Production Limited, the Executive Council (ExCo) considered the representations made, responses, and further information at an extraordinary meeting held on Thursday, November 7.
The Falkland Islands Government has signed a Letter of Intent with Britten-Norman with a view to ordering four new BN2B-26 Islander aircraft at a total value of US$9.75 million, reported the British manufacturer
The Falkland Islands Legislative Assembly has accepted a set of recommendations from the Telecommunications Select Committee, aimed at making internet access more affordable and accessible through adjustments to VSAT licensing fees and potential domestic tariffs for Starlink services. These proposals will now be reviewed by the Executive Council, with a response expected within six months.
Venezuelan and Iranian authorities announced this weekend the signing of an agreement to build a fiber optic factory in the South American country, more specifically in La Guaira, a State just 30 kilometers north of Caracas and home to the country's gateway Simón Bolívar Airport.
Argentina's state-run oil company YPF announced Tuesday that it plans to sell its shares in cooking gas distributor Metrogas to invest those funds in Vaca Muerta. YPF CEO Horacio Marín also outlined before the Inter-American Council of Trade and Production (Cicyp) the strategy to increase by fourfold the company's value over the next four years.
The Board of Fortuna Ltd are delighted to announce the acquisition of Holyhead Towing Company Ltd, as of 25th October 2024. Ownership of the Company is a further step toward growing Fortuna’s wider maritime-related interests.
Brazil's Ministry of Ports and Airports reported this week that South America's largest country recorded nearly 10 million airline travelers nationwide last month, which represented a 5.7% increase from September last year.
The Chilean Navy's icebreaker AGB-46 Almirante Viel received her combat flag during a cermony at the Talcahuano Naval Base. Viel Captain Juan Pablo Henríquez took delivery on Tuesday of the symbolic item from Chilean Maritime League President Admiral (ret.) Edmundo González.
Rockhopper Exploration plc (AIM: RKH), the oil and gas company with key interests in the North Falkland Basin announced that, following discussions with the Falkland Islands Government, FIG has agreed to extend all of the Company’s North and South Falkland Basin Petroleum Production Licenses meaning that the licenses will now run until the 31 December 2026.