North Falkland Sea Lion Project: Premier Oil advancing in contracting suppliers

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North Falkland Sea Lion Project: Premier Oil advancing in contracting supplier

Monday, July 16th 2018 – 08:54 UTC

The scope of supply covers 23 subsea production systems, including wellheads, trees, control, associated production and injection manifolds, subsea umbilicalThe scope of supply covers 23 subsea production systems, including wellheads, trees, control, associated production and injection manifolds, subsea umbilical
Dril-Quip expects to start pre-sanction engineering work in August, with the formal award subject to agreement of a definitive contract with Premier and RockhopperDril-Quip expects to start pre-sanction engineering work in August, with the formal award subject to agreement of a definitive contract with Premier and Rockhopper

Dril-Quip (Europe) in Aberdeen has announced a letter of intent with Premier Oil to provide subsea production systems for the Sea Lion Phase 1 development offshore the Falkland Islands. The letter of intent signed was described as a sizeable supply contract, but was undisclosed.

The scope of supply covers 23 subsea production systems, including wellheads, trees, control, associated production and injection manifolds, subsea umbilical and related services.

Dril-Quip expects to start pre-sanction engineering work in August, with the formal contract award subject to agreement of a definitive contract and Premier and partner Rockhopper taking a final investment decision on the project.

In addition, Dril-Quip would provide vendor financing for part of the contract.

Blake DeBerry, the company’s president and CEO, said: “We believe that our new product development efforts with respect to our subsea tree products were instrumental in our ability to satisfy Premier’s requirements.

“Also, our strong balance sheet allows us to provide Premier with vendor financing for a portion of the contract which is consistent with our overall strategy. Dril-Quip (Europe) has enjoyed a successful relationship with Premier that includes providing multiple subsea completion systems for Premier’s Catcher Area development project in the North Sea.”

Premier only reported that a pathfinder bank has been appointed to assist with the development of the senior financing structure for the Sea Lion project.

“Premier is also continuing to put in place letters of intent with selected contractors for the provision of key services and vendor funding. Premier’s focus remains on securing funding for the project ahead of a final investment decision”.

 

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The Origins of the Falkland Islands

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Rupert Matthews: We don’t just need a good Brexit deal for Britain. We need one for the Falkland Islands too.

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Published: May 27, 2018

By Rupert Matthews

Last updated: May 27, 2018 at 9:14 am

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Rupert Matthews is an MEP for the East Midlands.

Along with my Dutch colleague in the European Parliament, Peter van Dalen, I recently hosted a conference in the European Parliament, to looking at the future of the fishing industry in the seas of northern Europe, post-Brexit. I was intrigued when one of the first questions from the floor came from a representative of the Falkland Islands Fishing Companies Association.
Like many others, I remember watching on TV as our fleet set sail to go to fight the Falklands War. Because of that, the Falkland Islands hold a special place in the hearts of many British people. But, to be honest, I have always been a little vague about those beautiful, wild islands in the South Atlantic. Certainly, when somebody mentions the Falklands, fishing is not be the first thing to spring to my mind. Still, it turns out that fishing really is something of a Falkland Islands success story.
The introduction of a fisheries conservation zone and fisheries management regime in 1986 transformed the economy of the islands, securing its self-sufficiency in all areas except defence and external affairs. Whilst the Falklands fishery may not be large in global terms, it accounts for some 40 per cent of the Falklands’ GDP: despite its population of just over 3,000, total catches are about a third of those taken in the UK.
As an Overseas Territory of the UK, the Falkland Islands currently benefits from both tariff and quota-free access for fishery products exported to the EU. In 2017, the EU was the destination for 94 per cent of the Islands’ exports of fishery products – by weight, the majority being squid. If you eat calamari in southern Europe, there is about a 50 per cent chance it is a Falklands squid!
Whilst the economic impact of the fishery has been transformational, the Falkland Islands are careful stewards of their reserves, and aim to ensure the long-term sustainability of fishery resources, to benefit both future generations of islanders, and the rich marine biodiversity of the South Atlantic.
The status of the Falkland Islands as an Overseas Territory of the UK is, of course, disputed. Argentina still claims the islands, and it is supported by a number of countries. The attitude of the European Union is ambivalent. The EU recognises British rule as being in existence but, crucially, does not recognise British sovereignty.
It is takes no great stretch of the imagination to see the hand of Spain as being influential in the EU’s attitude. What complicates this is that many of the calamari are caught by large, ocean-going Spanish fishing ships. Their owners pay fees to the Falklands Islands government for permission to fish in Falklands waters. Quite what the EU’s attitude will be after Brexit is unclear. British diplomats must remain firm in standing up for self-determination, which is a fundamental right under the Charter of the United Nations. It is important – for very obvious reasons – that the EU continues to respect the wishes of all Falkland Islanders to remain a self-governing Overseas Territory of the UK. This desire was clearly rearticulated following a sovereignty referendum in 2013, where, on a turnout of 92 per cent, 99.8 per cent voted in favour of remaining a self-governing Overseas Territory of the UK.
As such, the Falklands would be covered by whatever trade deal the UK strikes with the EU. It is clearly important to the Falklands economy that the current tariff and quota-free access to the EU market should continue. This is also important to the UK fishing industry, since a surprisingly large share of the shellfish and fish caught in UK waters is exported to the EU.
Along with my colleagues in Brussels, I support the Prime Minister in her objective of securing a good deal with the EU. These are challenging and exciting times for us all. As the Government negotiates a new relationship with the EU, I hope they will remember that, along with my own constituents in the East Midlands, there are around 3,000 people 8,000 miles away in the Falkland Islands, also watching and waiting.
A good deal for the UK also needs to be a good deal for our Overseas Territories. And no deal remains better than a bad deal.

 

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The Bible: Genesis (chapters 1 – 10)

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British fishermen BETRAYED: Boris Johnson attacked for selling Falklands fishing rights

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BORIS Johnson has been accused of betraying British fishermen after signing fishing contracts in South Atlantic waters with foreign companies.

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By JOHN THALASSITES
PUBLISHED: 14:33, Wed, Apr 18, 2018 | UPDATED: 21:54, Wed, Apr 18, 2018

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Boris has copped flak for Falklands fish row
The British Government has authorised a series of fishing contracts in the South Atlantic ocean, which will be worth more than $100 million dollars over the next four years.

 

South Georgia Fisheries executive director, Rupert Street, said: “When the government had the opportunity to offer fishermen in the United Kingdom the opportunity to fish in our own waters, Boris Johnson gave permission to our foreign competitors apparently to boost foreign policy.”
It is expected that vessels from a number of other nautical powers will now be able to fish in the area off the South Georgia Islands.
Six licences have already been granted: four to Norwegian firms, one to a Chilean firm and one to a New Zealand firm.
British authorities rejected applications from two British bidders, South Georgia Fisheries and Fortuna Ltd.
James Wallace, from Fortuna Ltd, blasted the Government for selling out the Falklands in its Brexit talks.
Mr Wallace accused the British Government of gifting the Falklands’ prized waters to Norway in order to pursue a global agenda at odds with the needs of his fellow islanders.
Mr Street also indicated that he wants a judicial review of the move through the Falklands’ High Court.
Britain will face pressure from Argentina over the row too, as the Argentinians not only claim ownership of the Falklands – which they call ‘Las Malvinas’ – but also of the Georgias and South Sandwich Islands.
Corbyn considers negotiating British position on Falklands

 
It is against this backdrop that Boris Johnson and other senior Government figures have been attacked by Falklanders over the fishing betrayal.
The Leave campaign promised to take back control of British fishing waters after Brexit during the EU referendum campaign.
Last month, Nigel Farage supported a ‘Fishing for Leave’ protest over Britain’s concessions to the European Union over fishing during Brexit talks – as it became clear that we would not regain control over our waters during the transitional period between March 19 2019-December 31 2020.

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Additional reporting by Maria Ortega

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FALKLANDS SPY PLOT EXPOSED: Argie submarine was snooping on UK islands when it vanished

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THE FALKLANDS was subject to an espionage plot by Argentina’s government, with MPs admitting the submarine which went missing last November was spying on the British overseas territory when it vanished.

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By Helen Barnett
PUBLISHED: 07:06, Sat, Mar 17, 2018 | UPDATED: 09:46, Sat, Mar 17, 2018

 

Families of missing ARA San Juan crew demand answers

All 44 people onboard the ARA San Juan are believed to have perished on the boat which disappeared on November 15 last year.
Argentine President Mauricio Macri and other officials have always said the navy vessel had been carrying out training exercises when it disappeared.
The government’s Chief of Staff, Marcos Pena, told Members of Parliament the submarine ARA San Juan’s primary objective was to “locate, identify and register with photographs / videos logistic carrier vessels, oil tankers and investigation ships under other flags”.
However, Mr Pena then added: “As secondary objectives of this activity, they established vessels and aircraft that operate out of the Falkand Islands.”

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GETTY
Argentina admitted it was spying on the Falklands when its submarine went missing
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Mr Pena also revealed a list of the vessels and aircraft the submarine had identified, which included RAF planes and aircraft from the Falkland Islands Government.
This shocking revelation comes four months after the submarine disappeared off the coast of Argentina.
Ships from the Argentinian Navy are still looking for the presumed sunken submarine which suddenly stopped all communication on 15th November 2017.
Officials have abandoned hopes of rescuing any of the 44 crew members alive.

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Argentina’s Navy destroyer ARA Sarandi joins the search for the missing submarine

They established vessels and aircraft that operate out of the Falkand Islands
Marcos Pena

Within hours of ARA San Juan’s last transmission, reports describe an acoustic anomaly compatible with an explosion detected in the vicinity of the vessel’s last known location.
The Falkland Islands is a British Overseas Territory 300 miles (483 km) off the coast of South America.
Argentina claim the islands as their own, claiming they acquired the territory from Spain when it achieved independence in 1816.
However, the British founded a port there in 1766, just two years after the French founded one in 1764, when the island was uninhabited.

Argentina missing submarine: Latest pictures from the search
Thu, November 23, 2017
Argentinian authorities with the support of foreign governments seek the ARA San Juan, a submarine with which there is no communication since 15 November

 

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REUTERS

People react as family and friends of the 44 crew members of the missing at sea ARA San Juan submarine gather at an Argentine naval base in Mar del Plata

In 1766, the French surrendered its claim to the Falklands to Spain, and the British and Spanish coexisted on the island until 1774, when the British left, leaving a plaque claiming the islands for George III.

The British returned in 1832 and reasserted their rule there.
In 1840, the islands became a Crown colony with Scottish settlers.
In 1982, Argentina invaded the Falklands, which prompted Prime Minister Margaret Thatcher to declare a war zone of 200 miles around the islands. The British subsequently retook the islands.

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Falkland Islands Immigration System Slowly Changing

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Saturday, March 3rd 2018 – 10:04 UTC

 

Mrs Leona Roberts MLA described this change as “much-anticipated”.

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Over a number of years the Falkland Islands Government have been reviewing and looking to update their immigration laws and procedures. The review formally started in 2013 and has seen a number of papers and proposals considered by the Government since that time. Two large papers were considered by the Islands Government in 2015, with a number of principles being agreed and legislation subsequently being updated.
The review was led by the Falkland Islands Government, as such issues are constitutionally a matter for internal political consideration. However, external advice was sought by the Government where required, with a civil servant being seconded from the UK Home Office to assist in 2013/14.
Changes proposed throughout this review process are now beginning to come into force. The most recent change agreed by the Islands Executive Council was announced last week. Non-residents to the Islands are now able to apply for work permits of up to four years in duration, whereas they were issued for a maximum of two years previously. Individuals could (and will still be able to) renew work permits, but the local government hopes that this longer initial duration of work permits will help to attract migrants to choose to make their life in the Islands. It also looks to reduce the financial and administrative burden on employers in the Islands who employ non-residents. As it stands 58% of work permit holders have been in the Islands for less than three years – the Islands Government hope to see that figure reduce over time, with people choosing to move to different, more permanent, immigration statuses.
Member of the Legislative Assembly of the Islands, Mrs Leona Roberts, described this change as “much-anticipated”. Many members of the local business community have long been calling such a change and have been frustrated with the pace of the work. The Islands Director of Emergency Services and Island Security, who is the Official responsible for immigration services, has said that implementation of further previously agreed changes to the immigration laws is a “high priority activity” and is due to be complete by June 2018. At that point further changes will come into force, most particularly clarifying the process of how to progress from a work permit through to a permanent right to remain in the Islands and ultimately to Falkland Islands Status.
The Islands workforce is diverse and currently includes, according to their most recent census, nationals from Argentina, Chile, Peru, Uruguay and a range of other countries in the region. With the Islands having experienced significant economic growth over the past three decades, there has been a need to bring in a workforce from elsewhere. Work permit holders made up 22% of the total Islands population at the time of the last census in late 2016. This figure has grown over the past decade and is expected to continue to grow into the future.

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