Search results for: Falkland Islands

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A list of search results

  • 12 October 2012

    Rockhopper, the North Falkland Basin oil and gas exploration company, has received formal approval from the Falkland Islands Government (FIG) and both relevant licensees to the farm-out agreement with Premier Oil plc. The Executive Council of The Falkland Islands Government has approved changes to the Company’s production licence interests held in the Falkland Islands to […]

  • 20 February 2020

    The Falkland Islands Government has selected a development partner to build a new port in Stanley Harbour.

  • 4 June 2014
    Business & Finance

    Ocean Rig UDW Inc. has signed a drilling contract for one of its semi-submersible drilling rigs, the Eirik Raude. The drilling contract is for a minimum six-well program, with an estimated duration of about 260 days, for drilling offshore the Falkland Islands, with an estimated backlog of approximately $165 million. The rig is scheduled to […]

  • 23 March 2016
    Business & Finance, Project & Tenders

    VolkerStevin has been awarded a £19 million contract by the Defense Infrastructure Organisation (DIO) to upgrade Mare Harbor. The announcement comes after Defense Secretary Michael Fallon visited the Falkland Islands in February, and forms part of his commitment for £180 million investment over the next decade to modernize the military infrastructure on the Islands. The contract is […]

  • 9 April 2013
    Business & Finance, Project & Tenders

    Argos Resources Limited, the Falkland Islands based exploration company focused on the North Falkland Basin, has received notification that the Falkland Islands Government (FIG) has extended the second term of the Company’s PL001 Licence by one year, to 25 November 2016, with no additional work commitments. The extension follows changes to the licensing conditions introduced […]

  • 28 November 2013

    FOGL, the oil and gas exploration company focused on its extensive licence areas to the South and East of the Falkland Islands, has informed that pursuant to the “Shareholder Approval” announcement issued on the 15th November, the Company has now received official approval from the Government of the Falkland Islands for its proposed recommended Combination […]

  • 13 January 2012
    Business & Finance

    Yesterday, on 12 January 2012, Falkland Islands Holdings plc (FIH) agreed to participate in the placing of new shares by FOGL by subscribing for 2 million new shares. The £860,000 cost of the shares will be met from the Group’s existing cash resources and the purchase will be undertaken by the Group’s Falkland based subsidiary, […]

  • 20 February 2020
    Business & Finance

    The Falkland Islands Government (FIG) has selected a development partner to design and build a new port in Stanley Harbor. According to the government, they selected BAM Nuttall Ltd as the development partner. The aim is for the contract to be agreed and signed by the end of March 2020. FIG Chief Executive Barry Rowland […]

  • 25 August 2017
    Business & Finance

    VolkerStevin has just announced that the company is working on a £19 million project that will upgrade and improve defense infrastructure of berths at Mare Harbor, Falkland Islands. The contract forms part of work planned by the Defense Infrastructure Organisation over the next decade, to modernize the local military infrastructure and capabilities for the Islands. […]

  • 19 November 2015
    Business & Finance

    The 10,000 tonne cruise ship Le Boreal, operated by French Compagnie du Ponant, suffered a major engine room fire on November 18 which left the ship drifting at sea and in danger of grounding on Cape Dolphin, East Falkland. The incident forced the master of Le Boreal to order evacuation of 347 passengers and crew. British forces based in the […]

  • 14 October 2019

    Argentina has urged oil companies to stop activities related to offshore oil and gas exploration and production in the disputed areas near the Falkland Islands.

  • 24 April 2006

    HMS CLYDE is coming to the Falkland Islands to replace HMS DUMBARTON CASTLE as the FALKLAND ISLANDS PATROL VESSEL (FIPV). CLYDE’s sister ships in the class – MERSEY and SEVERN are employed on UK Fishery Protection duties. CLDE is being built by VT and is a bigger and more capable ship than the Castle Class […]

  • 29 June 2015

    Britain said on Monday any attempt by Argentina to seize the assets of oil drillers operating in the disputed Falkand Islands would be unlawful after Buenos Aires said it would pursue a local judge’s order against six firms.

  • 15 September 2016

    Rockhopper, an independent oil and gas company working in partnership with Premier Oil to bring online the Sea Lion field, located offshore the Falkland Islands, has said the costs have been cut down significantly at the project. As the partners are working through the front end engineering design (FEED), they have managed to reduce the […]

  • 25 September 2012
    Business & Finance, Project & Tenders

    FOGL, the oil and gas exploration company focused on its extensive licence areas to the South and East of the Falkland Islands, announces that the Scotia exploration well FI 31/12-01 was spudded on 25 September 2012. The well is located 315 km east – northeast of Stanley, Falkland Islands and 114 km from the Loligo […]

  • 6 December 2019
    Operations & Maintenance

    The Falklands Maritime Heritage Trust has informed that the wreck of SMS Scharnhorst has been located off the Falkland Islands.  The Scharnhorst, an armoured battlecruiser and the flagship of Admiral Maximilian Graf von Spee’s East Asia Squadron, was sunk on December 08, 1914, during the Battle of the Falkland Islands, a crucial naval battle in […]

  • 2 October 2014
    Business & Finance, Operations & Maintenance

    Noble Energy has confirmed plans to resume exploration drilling in the Falkland Islands in 2015 following the acquisition and evaluation of an extensive 3D seismic program over portions of the Company’s 10 million acre position. The Company’s initial operated prospect has been named Humpback and is located in the Fitzroy sub-basin of the Southern Area License. The […]

  • 12 July 2012
    Business & Finance

    Rockhopper, the North Falkland Basin oil and gas company, has entered into a conditional farm-out agreement with Premier Oil plc (“Premier”), regarding the Company’s interests in its petroleum licences in the North Falkland Basin The agreement provides Premier with a 60 per cent interest in all of Rockhopper’s licence interests in the Falkland Islands and […]

  • 25 October 2012
    Business & Finance, Project & Tenders

    FOGL, the oil and gas exploration company focused on its extensive licence areas to the South and East of the Falkland Islands, announces that the Scotia exploration well FI 31/12-01 was spudded on 25 September 2012. The well is located 315 km east – northeast of Stanley, Falkland Islands and 114 km from the Loligo […]

  • 4 December 2013
    Business & Finance

    FOGL, the oil and gas exploration company focused on its extensive licence areas to the South and East of the Falkland Islands noted Desire Petroleum’s announcement today that following application by Desire to the London Stock Exchange, trading in Desire shares will be suspended at 7:30 a.m. on 5 December 2013 and cancellation of the […]

  • 29 October 2015
    Exploration & Production

    Noble Energy, a U.S.-based independent oil company, is abandoning an exploration well offshore the Falkland Islands, citing disappointing results. According to the company, the Humpback well offshore the Falkland Islands reached total depth and is being plugged and abandoned. Humpback was drilled in the Fitzroy sub-basin of the Southern Area License and encountered non-commercial quantities […]

  • 1 November 2010

    Desire Petroleum says it will have another attempt at drilling off a sidetrack on the Rachel exploration well in the North Falklands basin off the Falkland Islands after encountering hole stability problems.