Search results for: Falkland

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A list of search results

  • 2 February 2015
    Exploration & Production

    Eirik Raude semi-submersible drilling rig has begun its mobilization to the North Falkland Basin from West Africa. The rig is currently anticipated to be on hire in the North Falkland Basin in the first week of March when it will start the 6 well 2015 Falklands drilling campaign. The drilling campaign will be operated by Premier Oil […]

  • 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 […]

  • 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, […]

  • 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 […]

  • 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 […]

  • 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.

  • 28 September 2010
    Project & Tenders

    Rockhopper Exploration plc , the North Falkland Basin oil and gas exploration company, completed operations, on 25 September 2010, to safely plug and abandon the Sea Lion 1 well – the first oil discovery and Contingent Oil Resource in the North Falkland Basin. Rockhopper has released the Ocean Guardian drilling rig. The Company is continuing […]

  • 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 […]

  • 9 June 2010
    Business & Finance

    Rockhopper Exploration plc, the North Falkland Basin oil and gas exploration company, today announces a placing of 17,320,000 new ordinary shares (“Ordinary Shares”) at a price of 280 pence each (the “Placing Price”) to raise £48.5 million before expenses (the “Placing”). Rockhopper to raise £48.5 million through a placing of new shares at 280 pence […]

  • 27 November 2009

    A North Sea oil and gas exploration rig has started its journey from a Highlands deep water port to the Falkland Islands. The Ocean Guardian rig will be used by Desire Petroleum to explore reserves in the North Falkland Basin.

  • 9 April 2013
    Business & Finance, Project & Tenders

    Borders & Southern, the London based independent oil and gas exploration company, provides an update on its activities in the South Falkland Basin. The PGS vessel Ramform Challenger has completed the Company’s 3D seismic programme in the South Falkland Basin offshore the Falkland Islands. It acquired 1,025 square kilometres of full fold seismic data. The […]

  • 29 December 2011

    The Mercosur group of countries has reached a decision to refuse ships flying flags from the disputed, British-held Falkland Islands entry to ports. The countries of a South American customs union comprise Argentina, Brazil, Uruguay and Paraguay with Bolivia, Chile, Colombia, Peru and Ecuador as associate members. The British Foreign Office Minister, Jeremy Browne, has […]

  • 25 September 2015
    Exploration & Production, Project & Tenders

    Noble Energy has restarted drilling of the Humpback exploration well in the South Falklands Basin, offshore the Falkland Islands.  The well was spudded on June 13, 2015. The completion of the well was delayed in August due to a series of unforeseen equipment and operational issues. This delay extended the duration of the well. At the […]

  • 4 June 2014
    Business & Finance

    On 3 June 2014 Premier Oil plc signed a contract for a dynamically positioned, harsh environment semi-submersible drilling rig, FOGL, the oil and gas exploration company focused on its extensive licence areas offshore the Falkland Islands, said today. In addition, several other related contracts have also been entered into and these include a rig sharing […]

  • 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 July 2010
    Business & Finance, Project & Tenders

    Falkland Oil and Gas (FOGL) will press ahead with its drilling program offshore the Falkland Islands despite reporting that its Toroa … [mappress] Source: Mercopress,July 14, 2010;

  • 25 August 2015
    Exploration & Production, Project & Tenders

    Falkland Oil and Gas Limited (FOGL) has informed that the completion of the Humpback exploration well in the South Falklands Basin, offshore the Falkland Islands, has been delayed due to operational issues.  The well is located in licence PL012 in which FOGL has a 52.5% working interest. Noble Energy is the operator of the licence. The drilling […]

  • 28 May 2015
    Exploration & Production, Project & Tenders

    Premier Oil has announced an oil discovery at the Isobel Deep exploration well 14/20-1 in the North Falkland Basin, offshore the Falkland Islands, approximately 30km south of the Sea Lion field. According to Premier, the Isobel Deep exploration well has been drilled to a depth of 8,289 feet reaching top reservoir on prognosis. The bottom […]

  • 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 […]

  • 12 November 2010
    Business & Finance

    Desire Petroleum PLC  the oil and gas exploration company wholly focused on the North Falkland Basin,   announces that the Rachel North 14/15-2 well was spudded at 10:40 hrs (GMT) on 12 November 2010. A further announcement will be made once drilling is completed. Desire Petroleum plc (Desire) is a UK company listed on the […]

  • 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 […]

  • 26 October 2010
    Business & Finance, Project & Tenders

    Desire Petroleum plc , the oil and gas company wholly focused on the North Falkland Basin, provides an update on the drilling progress to date on the Rachel 14/15-1Z sidetrack well. The well is currently at 3,000 metres progressing towards the expected measured total depth of around 3,418 metres. Desire Petroleum plc (Desire) is a […]