The Argentine Foreign ministry said in an official release on Wednesday that the UN Security Council had received, and incorporated to its agenda, a formal complaint on the UK latest military exercises in the Falkland Islands.
Britain's only flying Cold War Vulcan bomber and which participated in Operation Black Buck bombing Stanley airport during the Falkland Islands conflict of 1982, will take its final flight next year before being grounded because of soaring restoration costs, according to reports in the UK media.
Falklands Government House announced on Tuesday the dates for the visit to the Islands by His Royal Highness The Duke of Kent.
Rockhopper Exploration which struck oil at its North Falkland basin Sea Lion exploratory well in May 2010 has received formal agreement from the Falkland Islands Government to the farm-out agreement reached with Premier Oil.
As the final drill in the Falkland Islands oil exploration round nears completion Director of Mineral Resources Stephen Luxton said it was a safe assumption to plan for three rigs rather than two in the next two to three years when extraction would get underway.
Noble Energy Inc. (NBL) executives said on Thursday that oil production in the Falkland Islands could begin in about six years if an exploration well proves to be successful.
A socio-economic impact study on the effects of an oil development project on the Falkland Islands did not reveal any, “major new concerns which had previously escaped attention Director of Mineral Resources Stephen Luxton told Penguin News this week.
In a well illustrated piece the Daily Mail writes about the Falklands’ tourism industry and future prospects, including air links to the South Atlantic Islands, over which Argentina claims sovereignty.
Noble Energy which expects go be extracting oil from the Falkland Islands before 2020, said on Thursday it plans to explore for crude oil in areas of Nevada that have seen little drilling, as the US exploration and production company starts to assess its longer-term prospects.
Argentina’s sovereignty claim over the Falklands/Malvinas Islands continues to generate discrepancies among countries of the Americas, as was exposed in the Declaration of Punta del Este, at the end of the X Conference of Defence Ministers of the Americas which took place in Uruguay.