Falklands: FIG Announces Extension of Offshore Hydrocarbons Production Licences
7 Articles
7 Articles
Falklands: FIG Announces Extension of Offshore Hydrocarbons Production Licences
The Falkland Islands Government announced on Monday the extension of all existing offshore hydrocarbons production licences, for an initial period of five years with a further two optional years at its discretion, and said the decision has 'the full support of the UK Government'.
The Legislative Assembly of the Kelpers announced the extension for five years of all offshore operations and reported that the measure has the backing of London. Milei is in New York and expects a new gesture from Trump to sustain his brand-new stance on sovereignty. While Javier Milei advertises himself with his demagogic “Recovery of the Falklands” campaign, the British government occupying the archipelago again challenged him. He extended fo…
Government announcement of the Falkland Islands occurs in the midst of the renewed dispute between the United Kingdom and Argentina by the archipelago
The measure is known six days after the United Kingdom issued a support guide to companies operating in the archipelago. Milei continues the claim for the sovereignty of the islands. In a clear challenge to the Argentine claim to suspend oil exploitation in Sea Lion, the Falkland Islands government announced that [...]
In addition to Navitas and Rockhopper, it also holds exploratory licenses for British Borders & Southern and Desire Petroleum Limited and Canadian JHI.
Economy: The Falkland Islands Government has announced the extension of all existing mining licences on the shelf, which are still in the exploration stage.
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