AGP Executive Report
Last update: 7 hours agoFalklands Fisheries: The Falkland Islands Fisheries Department has closed the second Loligo squid season just three days after reopening, citing low biomass and “very deep concerns” from catch data and exploratory fishing, with mitigation work already being planned for the 2027 season. Aviation & FIGAS: Britten-Norman has started ground testing the first fully UK-built Islander since 1968, with first flight targeted for September and delivery to the Falkland Islands Government Air Service after flight testing—part of a reshored Bembridge production push. Satellite infrastructure: JETstreaM Ltd is proposing a new satellite data centre near Pony’s Pass Quarry, aiming to receive encrypted satellite data and route it to customers worldwide. Sea Lion funding & expansion: Rockhopper Exploration is seeking £132.4m via a share placing and open offer to fund its Sea Lion work, while Navitas has moved to secure a second FPSO (OSX-1) for the project, potentially boosting output capacity and accelerating development. Energy exploration update: Eco Atlantic says Navitas plans a multi-target exploration well on PL001 in early 2027, with a first target estimated at 640m barrels prospective resource (Eco’s share ~225m in a success case).
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
Perspectify News
