AGP Executive Report
Last update: 9 hours agoOil & Gas Update: Eco (Atlantic) Oil & Gas Ltd. says it has strengthened its Atlantic Margin portfolio via major partners and farm-out deals, with Namibia BP farm-down progress expected to close in Q3 2026 and a period of “high-impact newsflow” ahead across Namibia, Guyana, the Falkland Islands and South Africa. Connectivity & Growth: A UK-linked telecom push is underway in Canada, with fibre high-speed internet planned for 50 rural and Indigenous communities (including Falkland) by end-2029—an example of how infrastructure investment can unlock business and services in remote areas. Water Security: The Falkland Islands Development Corporation, backed by the UK Falkland Islands Trust, is bringing a solar-powered seawater desalination unit to Goose Green to create drinking water as rainfall variability bites. South Atlantic Defence Procurement: The UK Ministry of Defence has begun market engagement for a facilities management contract for British Forces South Atlantic Islands, covering the Falklands and Ascension, estimated at £500m (rising to £600m with VAT) over a ten-year term from April 2030. Local Business/Travel Perks: Scenic is marketing new helicopter flightseeing and private jet add-ons for its luxury Discovery Yacht itineraries, including Antarctica-focused landings and flights from Buenos Aires to Ushuaia. Space/Comms Cost Watch: Starlink has announced Falklands price increases from 18 June, with standard packages rising to £80/month and roaming to £95/month.
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