AGP Executive Report
Last update: 4 hours agoFalklands Oil & Gas: Navitas has bought the long-idled OSX-1 FPSO for about $125m to power the next phase of its Sea Lion project, with first production targeted for Q1 2028 and Rockhopper in talks on how the vessel slots into existing joint venture terms. Falklands Exploration: Eco Atlantic says its PL001 North Falkland Basin target could hold 640m barrels prospective resource (225m barrels to Eco in a success case, pending its acquisition), as Navitas weighs a multi-target well campaign starting early 2027. Aviation & Connectivity: Britten-Norman’s first fully UK-built Islander (BN2B-26) has begun ground testing at Bembridge, with first flight due in September and delivery planned to FIGAS after flight tests and customer prep. Local Industry & Jobs: A major salmon farming proposal in the Falklands is sparking calls for a citizen referendum, with Unity Marine’s plan for 50,000 tonnes a year facing environmental and information-quality concerns. Falklands Community: New Gentoo Penguin postcard rate stamps go on sale, featuring a photo taken on Sea Lion Island. Falklands Governance (Fisheries): A FIGD fisheries management role is advertised focused on bycatch mitigation policy, seabird and seal interaction assessment, and coordination with observers and industry.
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