Tag: Stephen Luxton

Friday, November 14th 2014 - 07:27 UTC
Falklands accepts Premier's 'realistic solution' to current world oil price environment

The Falkland Islands Government said on Thursday it took notice of the announcement by Premier Oil of their revised proposal for commercial oil production in the Falkland Islands, which “it is considered represents a realistic solution to progress development in the current international oil price environment”.
Wednesday, June 4th 2014 - 20:26 UTC
Falklands' welcomes rig-contract which marks beginning of oil drilling season in first quarter of 2015

The Falkland Islands Government welcomed the announcement on Thursday morning that a drilling rig has been contracted by a consortium of licensees for a new six-well program of offshore exploration and appraisal work commencing in early 2015.
Saturday, April 12th 2014 - 08:45 UTC
Oil race fuels new Falklands chapter

The following article from the Sydney Morning Herald was written by Chris Zappone, who recently visited the Falkland Islands as a guest of the local government and the Foreign Office.The Falkland Islands are not an easy place to reach. Flights come only weekly. Cruise ships making the trip brave frigid seas, freezing nights and recently, harassment from Argentine dockworkers.
Sunday, October 6th 2013 - 06:40 UTC
Falklands ‘confident’ about ‘mutually acceptable outcome’ on taxes with oil company

The Falkland Islands Government remains, “confident that a mutually acceptable outcome can be reached with Rockhopper,” on the matter of their tax bill from FIG, confirmed Financial Secretary Nicola Granger last week and indicated the situation would have no impact on local tax laws.
Saturday, August 31st 2013 - 00:44 UTC
Falklands’ first oil delayed as cost alternatives are considered

Premier Oil exploring for oil in the Falkland Islands said the company is studying cost alternatives to its drilling operations and crude extracting sub-sea architecture for the development of the Sea Lion project, which could delay the original chronogram for first oil.
Monday, April 8th 2013 - 01:02 UTC
The Falkland Islands brace for oil wealth; the Norwegian experience

By Brian Swint (Bloomberg - Businessweek) - On March 10 and 11, Falkland Islanders voted in a referendum on whether to remain under British rule. Of its 2,563 citizens, only three voted no. The victory set off howls of indignation in nearby Argentina, which fought a brief, disastrous war with Britain over the South Atlantic islands in 1982.
Wednesday, December 26th 2012 - 06:53 UTC
Falklands’ share Norway’s oil wealth fund and port infrastructure experience

Though plagued with flu and taking place largely in darkness, the recent visit to Norway by Members of the Legislative Assembly and senior government officials appears to have produced encouraging results and shone some light on possible developments in the Falkland Islands, according to MLA Dick Sawle.
Monday, December 3rd 2012 - 05:02 UTC
Falklands’ mission to learn from the oil experiences of Norway and Shetlands

Senior members from the Falkland Islands government have left for Norway and the Shetland Islands on an experiences-fact-finding mission as the Islands prepare for oil production in the near future.
Friday, October 12th 2012 - 16:50 UTC
Three extraction rigs expected to be operating in the Falklands in next 2/3 years

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.
Friday, October 12th 2012 - 06:47 UTC
Falklands’ oil industry socio-economic impact on track with “no major new concerns”

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.