AGP Executive Report
Last update: 5 hours agoFalklands Sovereignty & Defence Pressure: The UK says its Falklands position is “long-standing and unwavering” after reports the US could reconsider support for British sovereignty unless London boosts defence spending, with Pentagon officials reportedly weighing “special attention” for the UK as NATO pushes higher targets. Oil & Shipping Investment: Rockhopper plans an equity raise to fund its share of a second Sea Lion FPSO (OSX-1) after Navitas exercised an option for a vessel costing about US$125m, while Borders & Southern says Sea Lion momentum is sharpening investor focus as it advances a farm-out for its Darwin discovery. Green Programme Funding: The Falkland Islands Development Corporation has injected £892,000 through the 3-year Green Business Programme, with 79% of grant/loan financing in 2025-26 going to businesses and homes in Camp. Aviation Reshoring Milestone: Britten-Norman’s first fully UK-built Islander (BN2B-26) has begun ground testing at Bembridge ahead of a September first flight for FIGAS, with a second aircraft already in build. Local Trade Links: A Chile–Falklands regular commercial maritime link is being pushed by Easter Island Naviera, alongside plans for an Expo in Punta Arenas to promote Islands products. Fisheries Update: The Falklands Fisheries Department has closed the second Loligo squid season just days after reopening, citing low biomass and precautionary steps ahead of 2027. Tech Infrastructure Proposal: JETstreaM, a Falklands-registered firm, is proposing a satellite data centre near Pony’s Pass Quarry to route encrypted data to global customers.
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