Falkland Islands farmers are being urged to plan for income reductions in the order of 15 to 25% for the season's wool production with the potential for more reductions, MLA Phyl Rendell announced in Legislative Assembly last week.
The first formal meeting of the newly elected Legislative Assembly was held on Monday morning in Stanley and it was confirmed that last Friday, following the election result the newly elected members of the Legislative Assembly met to discuss and distribute portfolio responsibilities.
The new Legislative Assembly of the Falkland Islands has been announced, following the General Election which concluded on Thursday 7th November.
Preparations are under way in the Falkland Islands for a General Election to be held on November 7 this year and 4.30pm on October 17th marks the last moments for would be Members of the Islands Legislative Council to announce their candidacy. This year the list of candidates will be subject to particular scrutiny.
The only Falkland Islander to figure in this year’s New Year’s Honours List was recently retired Director of Mineral Resources, Phyllis Mary Rendell, who was awarded an MBE for, “services to Falkland Islands interests.”
Rockhopper Exploration declared a second oil and gas discovery in Falkland Islands waters and announced the drilling of an additional two wells. The announcement comes exactly two years to the day since the Falklands’ shore based yard began its work in support of oil development in the Islands.
Representatives of local conservation organisations, the oil industry, and the Falkland Islands Government recently attended the first meeting of the Falkland Islands Offshore Hydrocarbons Environmental Forum held on the 27th September in Stanley.
Rockhopper Exploration’s announcement this week that they expect to begin pumping oil in 2016, set the international media off on a further round of speculation about future wealth, but Falklands stakeholders and interested parties are taking a more cautious approach.
INTEREST in the Falkland Islands, “is on the increase,” said Director of Mineral Resources Phyllis Rendell who recently attended the American Association of Petroleum Geologists (AAPG) in Houston.
The Falkland Islands has nominated an Islander as new Director of Mineral Resources who will be taking over from Phyl Rendell when she retires as the end of the year, announced the government of the Islands.