Investments

Saturday, March 5th 2022 - 09:54 UTC
Falklands exploration company raising funds to appraise and develop a gas condensate discovery

Borders & Southern Petroleum PLC said on Friday that it intends to conduct fundraising of up to US$1.8 million to appraise and develop its Darwin gas and condensate discovery in the Falkland Islands.
Saturday, March 5th 2022 - 09:39 UTC
Automation in place at BAS Halley VI Research Station

In late February, the British Antarctic Survey (BAS) Halley VI Research Station closed for the 2021/22 season. The season saw some major developments at the station, including several significant improvements and additions to its automated systems.
Saturday, March 5th 2022 - 09:28 UTC
Argentina approves funds for a new polar vessel, to be built with Finnish consultants

The Argentine government has approved the funds for the design and construction of a new polar vessel to complement the activities of ice breaker ARA Almirante Irizar in her task of delivering provisions to the Argentine thirteen Antarctic bases. Works and design will be undertaken by the government-owned shipyard Tandanor and Finland's consulting firm Aker Arctic, with the funds allotted totaling 69 million Argentine pesos ( some US$ 6,5 million) and 7 million Euros.
Saturday, March 5th 2022 - 09:24 UTC
Business Officer for the Falkland Islands Development Corporation

The Falkland Islands Development Corporation. FIDC has announced the appointment of their new Business Engagement Officer, Jane Clarke, who took up this exciting new position on the 1st of March.
Friday, March 4th 2022 - 18:37 UTC
Some US$ 400 million of top brand cars sink off the Azores in 3,000 meters deep water

Some US$ 400 million of top brand cars (Porsche, Bentley, Lamborghini) have been definitively lost when the carrier Felicty Ace with 4,000 units from the Volkswagen Group went down, close to the Portuguese Azores islands, nearly two weeks after a fire broke out in the vessel.
Friday, March 4th 2022 - 09:10 UTC
YPF Luz officially opens Cañadón León wind farm in Argentine Patagonia

Argentina's YPF Luz - the electricity division of the traditional state-owned oil company - has officially opened its third wind farm, Cañadón León, which is expected to supply 123 MW of renewable energy to the national system, it was reported Thursday.
Friday, March 4th 2022 - 09:05 UTC
Argentine FA wants Ukrainian league players allowed to work for other clubs

Argentine Football Association (AFA) President Claudio Tapia Thursday announced a petition was to be filed before the sport's world governing body FIFA so that players registered to compete within Ukraine's professional league be allowed to play elsewhere despite transfer regulations.
Thursday, March 3rd 2022 - 22:54 UTC
Uruguayan hotels 70-90% full during Carnival weekend

Occupancy at Uruguay's hotels has been between 70 and 90% during Carnival weekend, which represented a recovery from a bad Summer season for the leisure industry.
Wednesday, March 2nd 2022 - 09:03 UTC
Major oil companies, Shell, BP, Equinor exiting interests in Russia

Shell joined BP in announcing it will leave all its Russian operations, including a major liquefied natural gas plant, following on Moscow's invasion of Ukraine. Earlier BP also abandoned its share in Russian oil giant Rosneft, a move that could cost the British company over US$25 billion.
Tuesday, March 1st 2022 - 22:59 UTC
Argentina asks for the resumption of flights to the Falklands with stopover in Rio Gallegos

Argentina has requested the resumption of flights between the mainland and the Falkland Islands twice a month after the service carried out by LATAM Airlines was halted amid COVID-19 pandemic restrictions.