AGP Executive Report
Last update: 3 hours agoSea Lion oil push: AIM-listed Borders & Southern says its operating loss widened slightly to $1.4m for 2025, but highlights Navitas and Rockhopper’s Sea Lion final investment decision as a “pivotal” basin milestone—aiming for the first Falklands oil field to come on stream in Q1 2028 and reviving its own farm-out plans. Offshore expansion: Navitas is also weighing a second FPSO for Sea Lion, with an MoU that could add another 125,000 bbl/d of throughput; early works are under way in the Falklands and first development drilling is targeted for early next year. Local capability building: FIDC business development officer Clare Guest has completed an Advanced Diploma in Environmental Management (QLS Level 5) and an energy transitions programme, linking the training to the Falklands Energy Strategy and FIDC’s Green Business work. UN self-determination push: Legislative Assembly member Michael Goss took the Falklands’ case to the UN’s Decolonisation committee in Managua, stressing “we have nothing to hide” and calling for a visiting mission. Commemoration season: Landing Day 2026 was marked in San Carlos with a service at Blue Beach Cemetery, recalling the start of the 1982 land campaign. Shipping disruption review: South American Atlantic Services will review earlier-year Falklands resupply delays after the Unispirit spent longer than planned in dry dock in Montevideo.
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