Stephen + 67 SM January 11, 2018 An oil project in Falklands Islands is on track to get the go-ahead by the end of this year as the companies involved in the development work to secure $1.5 billion in financing. It’s eight years since Rockhopper Exploration Plc discovered the 220 million-barrel Sea Lion field off the Falkland Islands. A green light for the project would signal renewed confidence in the outlook for the oil industry after a three-year slump in investments due to low prices. Quote Share this post Link to post Share on other sites
Joanna + 68 JT January 11, 2018 I am still amazed with the fact that Falklands are British territory Quote Share this post Link to post Share on other sites
Meanwhile + 49 PT January 11, 2018 Europeans stealing the non-renewable resources of far away continents: nothing new under the sun Quote Share this post Link to post Share on other sites
Kate Turlington + 44 KT January 11, 2018 Anything could happen by the end of the year, which just started. I'm sure Argentina will have something to say about it. Quote Share this post Link to post Share on other sites
Meanwhile + 49 PT January 11, 2018 Without agreement with Argentina, I think that the supply route to oil field equipment and services will be stretched across the Atlantic, making the operating cost excessive. This development is uneconomic and not feasible. Quote Share this post Link to post Share on other sites
JohnAtronis + 78 JA January 11, 2018 Falkland's oil won't compensate for Brexit Quote Share this post Link to post Share on other sites
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