
Premier Oil, currently involved in successful exploratory drilling in the Falkland Islands, produced less oil and gas in the first quarter of the year, but its output of 60,200 barrels of oil equivalent per day (boepd) was above guidance, sending its shares higher on Wednesday.

Energy company Rockhopper Exploration and Falkland Oil and Gas Ltd., have announced that drilling operations at Isobel Deep well have recommenced. Isobel Deep is located in the North Falklands basin and is part of the current round of drilling in Falklands' waters.

Falkland Islands are implementing the 'local content register' the process by which companies can be recognized as local and thus become suppliers for the oil and gas sector, which is expected to continue advancing following the current round of drilling and successful discovery announcements. A first company already registered last 7 April.

Argentina is following on Mahatma Gandhi's teachings or ahimsa (truth, love and fraternity) that brought independence to India, to claim the Falklands/Malvinas and other South Atlantic islands, said Daniel Filmus, head of the Malvinas Issues Desk in the Argentine foreign ministry during his latest incursion this time in Ethiopia.

The Falkland Islands maintain strong regulatory oversight on all oil and gas operations and its offshore safety regime is based on the North Sea’s Safety Case regulatory structure, recognized as one of the highest standards in the world, said the Falklands' government in a release following concerns related to technical issues on the rig Eirik Raude, currently operating in the South Atlantic.

It's budget time in the Falkland Islands and fishing again has boosted the government coffers this year with more than £6 million above that originally budgeted, according to the Penguin News.

Falkland Islands is reviewing its immigration policy and is urging a more proactive attitude with the purpose of increasing the permanent resident population and encouraging controlled growth, but this must be a discussion amongst Islanders and elected lawmakers. The Falklands according to the latest census from 2012 has a population of approximately 3.000.

The elected government of the Falkland Islands (FIG) has not received any formal request from Argentina or the International Red Cross, ICRC to exhume and identify Argentine soldiers buried at Darwin, according to the last edition of Penguin News, the Falklands' weekly.

Oil explorers drilling in the waters north of the Falkland Islands have suspended work on the second well of their 2015 current six-well drilling campaign after a technical problem, two of the companies involved said on Friday.

The cooperation agreements recently signed by Argentina with Russia could be a Buenos Aires' response to the situation with the disputed Falkland Islands territories, former Russian ambassador to Argentina Evgeny Astakhov told the Russian news agency, Sputnik International on Friday.