AGP Executive Report
Last update: 9 hours agoIslands Plan: The Falklands’ 2026–30 government programme sets out more than £300 million in capital projects, including a new port, energy developments, housing and waste improvements. It also proposes a sovereign wealth fund to preserve future energy revenues and backs a more diverse, sustainable economy. Offshore Regulation: New rules require offshore operators to maintain oil-pollution response plans and report oil spills at sea, with the Director of Mineral Resources acting as the competent authority. Marine Construction: Orange UK Holdings has acquired Southbay Civil Engineering, a £40 million-turnover contractor already working on a major marine infrastructure project in the Falklands. Its existing management team will stay in place as the new owner backs further UK and international growth.
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