Tag: Falkland Islands

• Wednesday, July 24th 2019 - 23:55 UTC

  Rockhopper divests from Egypt to concentrate in the Falklands' Sea Lion project

  

  Oil and gas exploration firm Rockhopper Exploration, with interests in the Falklands and preparing to advance with the Sea Lion project, has agreed to sell its assets in Egypt to United Oil & Gas in a US$ 16m deal. The sale of Rockhopper Egypt includes a non-operated 22% interest in the Abu Sennan concession onshore Egypt and the existing assets of the business.

• Saturday, July 20th 2019 - 08:30 UTC

  Meeting in Buenos Aires of the Scientific Sub Committee of the South Atlantic Fisheries Commission

  

  The elected government of the Falkland Islands reported on Friday that the Scientific Sub Committee of the South Atlantic Fisheries Commission met in Buenos Aires on 17 and 18 July 2019. The SAFC was first established in 1990 and this was the third meeting to take place since the reestablishment of regular meetings in 2018.

• Friday, July 19th 2019 - 09:57 UTC

  Falklands' government and fishing industry reject MLA Spink's 'breezy' Brexit

  

  The impact of Brexit on the Falkland Islands' fishing industry could be “significant” according to the fishing industry, contradicting lawmaker MLA Roger Spink’s view in last week's Penguin News that there were measures that could be undertaken to mitigate the impact of potential tariffs.

• Friday, July 19th 2019 - 09:17 UTC

  Controversial UK defense contract will cost taxpayers an extra GBP 10 million

  

  Serco Group PLC said on Thursday it has settled with the UK Ministry of Defense after it initially took legal action against the government department for awarding a fire and rescue services contract to Capita PLC.

• Thursday, July 18th 2019 - 08:36 UTC

  Falklands' Stanley, top rated port in South America according to Cruise Critics

  

  Stanley, in the Falkland Islands, was rated as the top port in South America and Antarctica, according to Cruise Critic's fourth annual Cruisers' Choice destination awards which was published on Wednesday. Likewise Best large-ship line in South America and Antarctica, Norwegian Cruise Line, while Best small-ship line in South America and Antarctica, Hurtigruten.

• Thursday, July 18th 2019 - 08:29 UTC

  Falklands' Sea Lion project boost after Premier announces a very positive half year financial result

  

  Premier Oil on Wednesday reduced its forecast for its 2019 operating costs to US$12 per barrel of oil equivalent (boe) from US$ 13 and expects debt reduction to reach the upper end of its US$ 250-350 million target by year-end.

• Tuesday, July 16th 2019 - 22:52 UTC

  Humanitarian project identifies Argentine soldier #114 at Darwin

  

  A new body has been identified, raising the number of Argentine combatants fallen during the 1982 Falklands War who now have a name on their graves to 114, thanks to the Humanitarian Project underway.

• Sunday, July 14th 2019 - 15:04 UTC

  Argentina condemns British MEP's likening foreign fishing to Belgrano sinking

  

  Argentina harshly condemned the “lamentable declarations of British MEP Robert Rowland” in which he threatened foreign fishing in the Falklands area with “the same treatment as the Belgrano,” in reference to the Argentine cruise sunk by the United Kingdom during the 1982 war.

• Friday, July 12th 2019 - 23:56 UTC

  Falkland Islands economy and Brexit…how tough will it be?

  

  Last week Penguin News reported on the uncertainty surrounding Brexit causing a slump in meat sales from the Falkland Islands Meat Company and lower prices.

• Friday, July 12th 2019 - 02:37 UTC

  Falklands tourism industry broke several records

  

  The Falkland Islands Tourist Board (FITB) has released its annual tourism statistics for 2018, which shows the tourism industry broke several records all in one year.