Falklands Oil .......
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tell you what Yellow and Blue Baron, if your wife comes into millions, can I share her 50/50 with you. I don't like you but if I can have her body and her money you can have all the moods and demands. She might not want me but I want her best assests and I think it is the only way forward. By the way it is Falkland Islands, not Malvinas!
How would you see the issue if Argentina had a territorial claim to the Shetland Islands and then started drilling for oil? Still don't think the "locals" would have any claim to the booty?
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History Lesson:
If I am right it went like this:
A few french whalers settled on the western island, unaware of the brits at Stanley on the eastern island. The french then sold or gave "the islands" to spain... who in a treaty gave it to Argentina. (It wasn't theirs to give, the British population was apparently about 50x that of the french)
Most notably "Argentina" did not even exist at this time- they were not even a country when the British were already in the Falklands.
Anyway the detail is unimportant. The islands are 300miles away from them.. Can we claim France as British because they are 20 miles away? It's a nonsense
I wonder.. is Argentina's government struggling at the polls again? "Oh we can't control our economy again so lets use the one rallying call we have..."
A few french whalers settled on the western island, unaware of the brits at Stanley on the eastern island. The french then sold or gave "the islands" to spain... who in a treaty gave it to Argentina. (It wasn't theirs to give, the British population was apparently about 50x that of the french)
Most notably "Argentina" did not even exist at this time- they were not even a country when the British were already in the Falklands.
Anyway the detail is unimportant. The islands are 300miles away from them.. Can we claim France as British because they are 20 miles away? It's a nonsense
I wonder.. is Argentina's government struggling at the polls again? "Oh we can't control our economy again so lets use the one rallying call we have..."
Last edited by K48; 3rd Mar 2010 at 19:05.
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Some of the responses are a little more intense than I expected and I do not see the need to personalize the debate to include hypothetical scenarios involving my family. Nevertheless we move on.
The ISO designation for the group is 'Falkland Islands (Malvinas)' and, as such, gives credence to both names. I use Malvinas purely to reflect that the island's geographical neighbours have a political interest which, irrespective of other mattes, if ignored or mismanaged, could create an environment which in the longrun could pose a legitimate threat to helicopter crews and their passengers.
When proposing a 50/50 arrangement with Argentina this does not mean simply handing over profits but inviting Argentina to reap the rewards through participation.
Do you know the region of expenditure involved in processing crude? A new technology refinery less than USD 2-3bn is hard to find and if the production scale is significant than you can increase that figure.
The benefit of refining nearby is that you gain additional value for each barrel. In such a scenario the Argentinian government would share development costs and cooperate with British companies to participate (without restriction) on equal terms.
This would mean that British International (and others) could establish forward operating bases on mainland Argentina and incur lower logistical expenditure by using commercial transport networks to feed their supply via the mainland.
It would also drive additional commercial fixed wing traffic to the islands and stimulate the local economy more effectively.
Last but not least it would create political stability in the region and the British/Argentinian cooperation could lead to backflow opportunities whereby British organizations (including helicopter operators) could find contracts on mainland Argentina - perhaps as a resullt of demonstrating at close range (as part of a working team) just how efficient you are!
But, I am willing to accept that all this may be considered as progressive thinking and not at all the 'cup of tea' the British want.
The ISO designation for the group is 'Falkland Islands (Malvinas)' and, as such, gives credence to both names. I use Malvinas purely to reflect that the island's geographical neighbours have a political interest which, irrespective of other mattes, if ignored or mismanaged, could create an environment which in the longrun could pose a legitimate threat to helicopter crews and their passengers.
When proposing a 50/50 arrangement with Argentina this does not mean simply handing over profits but inviting Argentina to reap the rewards through participation.
Do you know the region of expenditure involved in processing crude? A new technology refinery less than USD 2-3bn is hard to find and if the production scale is significant than you can increase that figure.
The benefit of refining nearby is that you gain additional value for each barrel. In such a scenario the Argentinian government would share development costs and cooperate with British companies to participate (without restriction) on equal terms.
This would mean that British International (and others) could establish forward operating bases on mainland Argentina and incur lower logistical expenditure by using commercial transport networks to feed their supply via the mainland.
It would also drive additional commercial fixed wing traffic to the islands and stimulate the local economy more effectively.
Last but not least it would create political stability in the region and the British/Argentinian cooperation could lead to backflow opportunities whereby British organizations (including helicopter operators) could find contracts on mainland Argentina - perhaps as a resullt of demonstrating at close range (as part of a working team) just how efficient you are!
But, I am willing to accept that all this may be considered as progressive thinking and not at all the 'cup of tea' the British want.
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Apparently the comments on this thread regarding FI oil exploration in the early 80's are causing some excitement on the Desire Petroleum thread on the Interactive Investor website.
If I had any technical ability I would post a link. Perhaps somebody more computer literate could help.
Thanks.
CD
If I had any technical ability I would post a link. Perhaps somebody more computer literate could help.
Thanks.
CD
Apparently the comments on this thread regarding FI oil exploration in the early 80's are causing some excitement on the Desire Petroleum thread on the Interactive Investor website.
If I had any technical ability I would post a link. Perhaps somebody more computer literate could help.
If I had any technical ability I would post a link. Perhaps somebody more computer literate could help.
Here you go:
DESIRE PETROLEUM Discussion DES DES.L - Interactive Investor
Although I'm not sure which are the specific post(s) that you are referring to.
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Could I point anyone who is genuinely interested in what is going on in the Falkland Islands towards Falklands History, as an awful lot of guff is being posted here.
The multi coloured swedish baron, who I think started this thread, would certainly be well advised to read it before posting further. Argentina, who constantly try to undermine all commercial activities in the Falklands, were recently involved in talks with the British Government, with a view to including them in the potential logistical bonanza - but they withdrew from the talks, because they couldn't drop their sovereignty claim. Nothing to do with forthcoming elections in Argentina of course.
A lot of British lives were lost in 1982 to maintain the sovereignty of these islands, which is why some posts are bound to be strongly worded. It is, and always has been, the will of the Falkland Islanders to remain British, but to be independent - if that makes sense. The Falkland Islands Government (which has never been recognised by Argentina) is structured in rather the same way as the Hong Kong Government used to be - with a British Governor, and locally elected Executive and Legislative Councils. The Islands are therefore totally self governing, albeit under the watchful eye of the FCO, and British Government. The right of self determination is well enshrined in UN speak, and sovereignty is not for negotiation - the fact that your neighbour has just won the lottery doesn't give you the right to claim half, or indeed all of their winnings. Argentina has never owned this place, and never will.
All the Argentines I have ever met have been very pleasant people - indeed, I bumped into about twenty of them a couple of weeks ago in Goose Green, who were lost, looking for San Carlos (I am writing this from the Falklands). It turned out they were all veterans of the 1982 war, who had come back for a look about. No animosity, all friendly and waving - its their warped and corrupt government who cause the problems here. Please, swedish baron and others, don't get sucked into the hype - its all Latino speak, they don't mean it really!
The multi coloured swedish baron, who I think started this thread, would certainly be well advised to read it before posting further. Argentina, who constantly try to undermine all commercial activities in the Falklands, were recently involved in talks with the British Government, with a view to including them in the potential logistical bonanza - but they withdrew from the talks, because they couldn't drop their sovereignty claim. Nothing to do with forthcoming elections in Argentina of course.
A lot of British lives were lost in 1982 to maintain the sovereignty of these islands, which is why some posts are bound to be strongly worded. It is, and always has been, the will of the Falkland Islanders to remain British, but to be independent - if that makes sense. The Falkland Islands Government (which has never been recognised by Argentina) is structured in rather the same way as the Hong Kong Government used to be - with a British Governor, and locally elected Executive and Legislative Councils. The Islands are therefore totally self governing, albeit under the watchful eye of the FCO, and British Government. The right of self determination is well enshrined in UN speak, and sovereignty is not for negotiation - the fact that your neighbour has just won the lottery doesn't give you the right to claim half, or indeed all of their winnings. Argentina has never owned this place, and never will.
All the Argentines I have ever met have been very pleasant people - indeed, I bumped into about twenty of them a couple of weeks ago in Goose Green, who were lost, looking for San Carlos (I am writing this from the Falklands). It turned out they were all veterans of the 1982 war, who had come back for a look about. No animosity, all friendly and waving - its their warped and corrupt government who cause the problems here. Please, swedish baron and others, don't get sucked into the hype - its all Latino speak, they don't mean it really!
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Evidence of Oil - two rigs in 81/2
CD. The Investor thread is Evidence of Oil - two rigs in 81/2 and their interest was in John Eacott's PPRuNe post (29) about the Diamond M Epoch rig.
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Yes, spotted that now - he came along later. British International certainly have the first bit, but later in the year FOGL and BOS plan to bring in a drill ship to operate outside the range of the S61. Who or what services that remains to be seen.
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CHC and No.1 Boy. I am old enough to remember long and lonely low-level flogs across a deeply grey North Sea when it was not lit up like Piccadilly Circus. You only came across the odd ship. Over the years, many rigs have appeared, you usually had somebody way above you in an airway with an ear to Guard and the CAA and others took an interest in safety.
So who gets to do that job off the 'Flak-Lands' for this singleton S-61N?
PS. No.1 Boy was old RN slang for senior of two Hong Kong LEPs who ran the laundry onboard.
So who gets to do that job off the 'Flak-Lands' for this singleton S-61N?
PS. No.1 Boy was old RN slang for senior of two Hong Kong LEPs who ran the laundry onboard.
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Cougar Helicopters & Argentina
Seems Cougar is gearing up for ops in Argentina. Exploration has already begun in the Falklands area. Do the oil companies know something we don't?
JW
JW
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Time line: exploration to extraction for the Falklands?
The news from the Falklands is getting very interesting particularly now that Rockhopper has increased their reserve estimates by around 50% after analyzing the Sea Lion's find. The Guardian also commented that:
"Geologists estimate that up to 60bn barrels of oil and gas equivalent could lie in the Atlantic waters, which would put the region on a par with the North Sea"
Out of interest does any of the experience hands have first hand examples of the typical time line from exploration to commercial extraction. That is if Rockhopper decide they wanted to start to extract, what's your best estimate on how long it would take before they need more than the current level of say half a dozen pilots down there to service the rigs.
Does anyone know of any helicopter companies preparing bids to service the drilling down that way or do BIH have the exclusive rights?
Obviously the Gulf of Mexico deep water drilling disaster could be influential... would the locals turn their back on the possible oil bonanza to ensure the safety of their natural environment?
PT
"Geologists estimate that up to 60bn barrels of oil and gas equivalent could lie in the Atlantic waters, which would put the region on a par with the North Sea"
Out of interest does any of the experience hands have first hand examples of the typical time line from exploration to commercial extraction. That is if Rockhopper decide they wanted to start to extract, what's your best estimate on how long it would take before they need more than the current level of say half a dozen pilots down there to service the rigs.
Does anyone know of any helicopter companies preparing bids to service the drilling down that way or do BIH have the exclusive rights?
Obviously the Gulf of Mexico deep water drilling disaster could be influential... would the locals turn their back on the possible oil bonanza to ensure the safety of their natural environment?
PT