AGP Executive Report
Last update: 4 hours agoAviation & Local Industry: 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—part of a reshored production push that’s already bringing a second airframe through the line. Oil & Offshore Development: Navitas has exercised an option to buy the long-idled OSX-1 FPSO for about $125m (upgrade costs extra), aiming to boost Sea Lion capacity and accelerate later phases, while Borders & Southern says investor focus is sharpening as it advances farm-out talks tied to its Darwin discovery. Fisheries: The Falklands closed the second Loligo squid season just days after reopening it, citing low biomass and precautionary steps ahead of 2027. Trade & Shipping Links: Chilean carrier Easter Island Naviera is pushing a regular Falklands–Punta Arenas maritime link and an Expo promoting Islands and Chilean products, with FIDC backing and Chamber of Commerce planning. Energy Exploration Signals: Eco Atlantic highlights a 640m-barrel prospective target on PL001 as Navitas prepares a wider North Falkland Basin drilling campaign. Governance & Public Services: A council order in Kent sparked backlash after a taxi firm was told to remove Remembrance poppies and “Lest We Forget” signs.
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