Investments

Tuesday, March 8th 2022 - 09:20 UTC
New sports facility for Falklands: an artificial all-weather pitch, and a multi-purpose sports hall

The Falkland Islands Executive Council has given final approval to the National Sports Council (NSC) to proceed with the construction of a new national sports facility for the Islands. This follows the signing of a Development Agreement in April 2021, and subsequent work to develop a detailed Concept Design.
Tuesday, March 8th 2022 - 09:04 UTC
FIFA clears way for players, coaches in Russia and Ukraine to change jobs

Football's governing body FIFA Monday agreed to suspend foreign players' contracts in Ukraine and Russia until June 30, thus allowing them to continue their careers elsewhere. The same measure applies to coaches and team staff.
Monday, March 7th 2022 - 09:38 UTC
Founding stone for relocated naval base in Ushuaia with its own wharf

Argentine Minister of Defense Jorge Taiana and the governor of Tierra del Fuego province, Gustavo Melella laid the founding stone of the Ushuaia Integral Naval Base, which will replace the current naval base, and will be built in two phases including 15.000 square meters military wharf.
Monday, March 7th 2022 - 09:25 UTC
Leading UK security company plans to increase presence in Paraguay

Óscar Vidal Martínez, who represents Smiths Detection in Paraguay, has announced the firm plans to strengthen its operations in the South American country in the near future.
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.