South America / GoM
Country profile: Falklands
| Location: | Southern South America, islands in the South Atlantic Ocean, east of southern Argentina. includes the two main islands of East and West Falkland and about 200 small islands |
| Climate: | cold marine; strong westerly winds, cloudy, humid; rain occurs on more than half of days in year; average annual rainfall is 24 inches in Stanley; occasional snow all year, except in January and February, but does not accumulate |
| Terrain: | rocky, hilly, mountainous with some boggy, undulating plains |
| Size: | 12173 sq. km total (Land area: 12173 sq. km ) |
| Population: | 3,140 (July 2008 est.) |
| Languages: | English |
| Government: | overseas territory of the UK; also claimed by Argentina |
| Capital city: | Stanley |
| Legal system: | English common law |
| Currency: | Falkland pound (FKP) |
| Licensing: |
Country profile
Although first sighted by an English navigator in 1592, the first landing (English) did not occur until almost a century later in 1690, and the first settlement (French) was not established until 1764. The colony was turned over to Spain two years later and the islands have since been the subject of a territorial dispute, first between Britain and Spain, then between Britain and Argentina. The UK asserted its claim to the islands by establishing a naval garrison there in 1833.
Argentina invaded the islands on 2 April 1982. The British responded with an expeditionary force that landed seven weeks later and after fierce fighting forced an Argentine surrender on 14 June 1982.
Energy production and consumption
| Oil | Gas | |
| Production: | ||
| Consumption: | 240 bbl/day (2005 est.) | |
| Exports: | ||
| Imports: | 227 bbl/day (2005 est.) | |
| Reserves: | ||
| Major fields: |
Falklands - recent news
| 24 Mar 25 |
Falklands: Rockhopper Exploration announces Sea Lion operator's update Rockhopper Exploration notes the recent publication by Navitas Petroleum of an updated NFB independent resource report conducted by Netherland Sewell & Associates on behalf of Navitas. The report reflects work carried out to mature the resource base and accelerates later phases of the development programme in the build up to FID. Overall resources at Sea Lion remain unchanged. |
| 25 Nov 24 |
Falklands: Rockhopper Exploration provides Sea Lion Operator’s update AIM-listed Rockhopper Exploration notes the recent update published by Navitas Petroleum ('Operator') on Sea Lion development progress which includes an updated NFB independent resource report conducted by Netherland Sewell & Associates on behalf of Navitas. |
| 30 Oct 24 |
Falklands: Borders & Southern Petroleum announces extension of Falkland Islands Production Licences AIM-listed Borders & Southern Petroleum has announced the extension of its Production Licences PL018, PL019, PL020, including the Darwin Discovery Area. The Company's prime focus continues to be the monetisation of the Darwin Gas condensate discovery that contains 462 MM bbls of recoverable liquids plus material upside. |
| 21 Oct 24 |
Falklands: Rockhopper announces extension of Falkland Island’s licences Rockhopper Exploration has announced thatthe Falkland Islands Government has agreed to extend all of the Company’s North and South Falkland Basin Petroleum Production Licences until the 31 December 2026. |
| 26 Sep 24 |
Falklands: Rockhopper Exploration announces half-year results for the six months ended 30 June 2024 Rockhopper Exploration, the oil and gas company with key interests in the North Falkland Basin, has announced its unaudited results for the six months ended 30 June 2024. |
Falklands - more news
Other countries in this region
- Argentina,
- Aruba,
- Bahamas,
- Barbados,
- Belize,
- Bermuda,
- Bolivia,
- Brazil,
- Canada,
- Chile,
- Colombia,
- Costa Rica,
- Cuba,
- Dominican Republic,
- Ecuador,
- French Guiana,
- Grenada,
- Guatemala,
- Gulf of Mexico,
- Guyana,
- Honduras,
- Jamaica,
- Mexico,
- Nicaragua,
- Panama,
- Paraguay,
- Peru,
- Suriname,
- Trinidad,
- Uruguay,
- USA,
- Venezuela
