AGP Executive Report
Last update: 4 hours agoAviation & Manufacturing: Britten-Norman’s first fully UK-built Islander (BN2B-26) for FIGAS has entered ground testing at Bembridge, with first flight targeted for September and delivery after flight tests and customer prep; the reshored production line is already building a second airframe and making parts for follow-on aircraft, supported by new machinery and a workforce up 40% since production returned. Falklands Trade & Shipping: A Chile–Falklands regular commercial maritime link is being pushed by Easter Island Naviera, with plans for an Expo of Islands and Chilean products in Punta Arenas later this month; local business leaders say the initiative is moving fast and needs coordination. Oil & Offshore Development: Borders & Southern says investor focus is sharpening as Sea Lion development accelerates, while it advances talks on a farm-out tied to its Darwin discovery; meanwhile Navitas has bought the long-idled OSX-1 FPSO for Sea Lion, aiming for first oil in 2028. Fisheries: The Falklands closed the second Loligo squid season just days after reopening it, citing low biomass from catch data and exploratory fishing, with mitigation work planned ahead of 2027. Energy/Exploration Outlook: Eco Atlantic highlights a large prospective resource at PL001 in the North Falkland Basin as Navitas prepares a wider drilling campaign in early 2027.
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