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Post by Red Rackham on May 15, 2024 14:30:08 GMT
The first-ever offshore oil and gas project in the Falkland Islands is gathering momentum under the guidance of a new operator with a revised and more modest development plan and an optimistic project sanction target. The Sea Lion project can potentially have significant scale, and could be the starting point for the development of other discovered oil deposits in the North Falkland basin, which has an updated certified gross best estimate resource of 791 million barrels of oil. The Sea Lion joint venture partnership of operator Navitas Petroleum and Rockhopper Exploration belive the long term potential for the North Falkland basin could see up to three floating production storage and offloading vessels with a total production of about 200,000 barrels per day of oil. www.upstreamonline.com/exclusive/sea-lion-roars-falkland-islands-first-project-picks-up-speed/2-1-1590214Of course the government should exploit any new oil & gas deposits for the benefit of the UK economy and British people, it's an absolute no brainer. I'm unconcerned about left wing idiots who will inevitably protest about it. I'm far more concerned about a future Labour government who seem intent on forcing the country into fuel poverty in order to look virtuous. |
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Post by Bentley on May 15, 2024 15:47:49 GMT
If we can, we should .
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Post by johnofgwent on May 15, 2024 15:47:57 GMT
Yes we should
Not leadt because we need to rub those argentinian noses in it …
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Post by Red Rackham on May 15, 2024 16:09:56 GMT
Also, if Stanley becomes the Aberdeen of the southern hemisphere, it might be an idea to increase the size of the garrison because it's bound to annoy the Argies.
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Post by jonksy on May 15, 2024 16:23:31 GMT
Yes we should Not leadt because we need to rub those argentinian noses in it … Plus the EUSSR's....This will piss the french off as they helped the arrgies... |
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Post by Dogburger on May 17, 2024 10:19:30 GMT
I always thought the Falklands oil extraction would cost too much to make it worthwhile and that Oil would have to significantly increase in price for this to be a goer .
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Post by Red Rackham on May 17, 2024 11:10:47 GMT
I always thought the Falklands oil extraction would cost too much to make it worthwhile and that Oil would have to significantly increase in price for this to be a goer . Estimates vary from one billion to five billion barrels of natural oil and gas reserves within two of the four fields off the Falklands. It's thought more, some say much more, is yet to be discovered. I think the economic benefit is obvious, however the government will probably, especially a Labour government, be more concerned about perceived environmental issues than any economic benefit. |
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Post by jonksy on May 17, 2024 14:48:02 GMT
I always thought the Falklands oil extraction would cost too much to make it worthwhile and that Oil would have to significantly increase in price for this to be a goer . Estimates vary from one billion to five billion barrels of natural oil and gas reserves within two of the four fields off the Falklands. It's thought more, some say much more, is yet to be discovered. I think the economic benefit is obvious, however the government will probably, especially a Labour government, be more concerned about perceived environmental issues than any economic benefit. You can bet that Labour will do fuck all to benefit the working class. If starmer and his bunch of inbred arseholes get their way, motoring will become a thing of the past and the 15 minutes cities will prevail and become the norm... |
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Post by witchfinder on May 17, 2024 15:18:23 GMT
I think that you will find that whether or not to bring oil ashore for sale on the markets is a decision for The Falkland Islands Council, and all potential money earned would be for the Council to determine how it is spent.
There are two areas where the Falkland Islands Council cannot determine matters - Defence and Foreign Policy, both of which are determined by the British government.
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Post by Bentley on May 17, 2024 15:30:27 GMT
I think that you will find that whether or not to bring oil ashore for sale on the markets is a decision for The Falkland Islands Council, and all potential money earned would be for the Council to determine how it is spent. There are two areas where the Falkland Islands Council cannot determine matters - Defence and Foreign Policy, both of which are determined by the British government. lol. |
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Post by Handyman on May 17, 2024 15:38:26 GMT
I think that you will find that whether or not to bring oil ashore for sale on the markets is a decision for The Falkland Islands Council, and all potential money earned would be for the Council to determine how it is spent. There are two areas where the Falkland Islands Council cannot determine matters - Defence and Foreign Policy, both of which are determined by the British government. It is the Falkland's Government that approves the Licences to drill for Oil or Gas, they will determine what comes next |
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Post by jonksy on May 17, 2024 15:44:57 GMT
I think that you will find that whether or not to bring oil ashore for sale on the markets is a decision for The Falkland Islands Council, and all potential money earned would be for the Council to determine how it is spent. There are two areas where the Falkland Islands Council cannot determine matters - Defence and Foreign Policy, both of which are determined by the British government. More total bollocks from fiddles...Do you ever do any research? |
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Post by jonksy on May 17, 2024 15:45:39 GMT
I think that you will find that whether or not to bring oil ashore for sale on the markets is a decision for The Falkland Islands Council, and all potential money earned would be for the Council to determine how it is spent. There are two areas where the Falkland Islands Council cannot determine matters - Defence and Foreign Policy, both of which are determined by the British government. lol. Every forum has one mate....LOL |
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Post by Red Rackham on May 17, 2024 21:57:41 GMT
I think that you will find that whether or not to bring oil ashore for sale on the markets is a decision for The Falkland Islands Council, and all potential money earned would be for the Council to determine how it is spent. There are two areas where the Falkland Islands Council cannot determine matters - Defence and Foreign Policy, both of which are determined by the British government. I think you may find that if oil & gas is recovered in commercial quantities and bearing in mind that 200 nautical miles around the Falklands are British territorial waters, the treasury would be significant beneficiaries of any oil and gas revenues. |
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Post by jonksy on May 19, 2024 13:09:54 GMT
They’ve known about the Falklands oil fields for decades yet our successive governments have done nothing. We have shale under our feet whitch could offer us virtually free energy in Britain for over 50 years. The question every Brit should be asking is why are we not using this wealth and why nearly all politicians are intent on the NetZ insanity that will bankrupt Britain the West.......Oil is an important commodity the world would come to grinding halt without this plus 6,000 products derived from oil. It will take long time for renewables to replace this. The scramble for Antarctica's black gold: How Russian discovery of huge oil reserves in UK territory has made Falkland Islands the 'world's most valuable real estate'... with Putin and Xi eyeing treasure under frozen seas More than half a trillion barrels of oil and gas were reportedly found underneath Antarctica by Russia An international treaty prevents countries from touching it, over environmental fears But experts warned that China and Russia are not to be trusted, and would get their hands on it at any cost.... www.dailymail.co.uk/news/article-13429229/The-scramble-Antarcticas-black-gold-Russian-discovery-huge-oil-reserves-UK-territory-Falkland-Islands-worlds-valuable-real-estate-Putin-Xi-eyeing-treasure-frozen-seas.html |
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