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
| 29 May 26 |
Falklands: Borders & Southern Petroleum announces audited results for the 12 month period ended 31 December 2025 AIM-listed Borders & Southern, the London based independent oil and gas exploration company with assets offshore the Falkland Islands, has announced its audited results for the year ended 31 December 2025. |
| 20 May 26 |
Falklands: Rockhopper comments on Navitas Petroleum's update on Sea Lion development progress AIM-listed Rockhopper Exploration, the oil and gas company with key interests in the North Falkland Basin ('NFB'), notes the recent update published by Navitas Petroleum (Operator) on Sea Lion development progress. |
| 30 Apr 26 |
Falklands: Eco Atlantic provides update on proposed acquisition of JHI Associates Inc. - Interim Court Order obtained Eco (Atlantic) Oil & Gas, the oil and gas exploration company focused on the offshore Atlantic Margins, has provided an update, further to the Company's announcement on March 11, 2026, regarding the proposed acquisition of JHI Associates, Inc. by way of a court-approved plan of arrangement. |
| 02 Apr 26 |
Falklands: Rockhopper Exploration announces results of Sea Lion independent recoverable reserves and resources evaluation Rockhopper Exploration, the oil and gas company with key interests in the North Falkland Basin, has announced the results from an updated independent technical report conducted by Netherland, Sewell & Associates (NSAI) on behalf of Rockhopper on the Company's Sea Lion field. |
| 02 Mar 26 |
Falklands: Navitas signs definitive farm-in agreement for JHI's North Falklands licence Eco (Atlantic) Oil & Gas notes that, further to its announcement on 12 January 2026, Navitas Petroleum, with whom Eco has signed a Framework Agreement related to several assets, has today confirmed that it has signed a definitive farm-in agreement with JHI Associates Inc, in which Eco has a 6.6% interest. Under the farm-in agreement Navitas is to acquire a 65% working interest in the PL001 North Falkland's Basin Licence. |
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
