GPS News  
ENERGY TECH
Argentina intimidating Dutch oil firm?

disclaimer: image is for illustration purposes only
by Staff Writers
Buenos Aires (UPI) Oct 8, 2010
Argentina faces charges that it intimidated a Dutch geological and scientific firm that surveyed Falkland Islands waters for hydrocarbons and other minerals.

An official Argentine investigation into Fugro N.V., the world's largest surveyor of deep water and seabed for minerals, was countered by the company, which said it had done nothing wrong.

Critics of the Argentine move said Buenos Aires' decision was part of a continuing campaign to discourage foreign companies from having anything to do with the Falklands, a British Overseas Territory claimed as by Argentina.

Argentine forces invaded the islands in 1982 but were beaten back. Although the military dictatorship that ordered the attack was succeeded by civilian rulers successive Argentine governments maintained a sovereignty claim on the Falklands. The 74-day conflict in 1982 led to more than 1,000 deaths and an official Argentine surrender but a tense standoff has never been far away.

After years of an uneasy peace between Argentine and British forces in the South Atlantic, Argentina last year launched a series of tougher measures against international shipping to deter vessels from calling at Falklands ports. A blacklist was announced to warn shippers they could expect to be barred from Argentine trade if they traded with the Falklands.

Fugro's survey vessel Fugro Meridian surveyed Falklands' waters for BHP Billiton and Falklands Oil and Gas Limited. It wasn't immediately clear if Argentina also intended to confront the Anglo-Australian giant, which has interests in Argentina. Earlier this year Argentina warned BHP Billiton, the world's largest mining company, against entering oil exploration activities in the Falklands.

Fugro Meridian is operated by Fugro Survey Limited of Aberdeen, Scotland. A Fugro officials said they stood by the company's work in the Falklands as conformed to legal requirements.

Argentine Attorney General Esteban Righi said he ordered a criminal investigation into Fugro activities in Falklands after the company entered the Argentine continental platform during its survey.

Argentina earlier issued warnings to oil companies active in the North Falklands Basin, believed to hold large hydrocarbon deposits. So far, only the exploration by Rockhopper Exploration Plc has produced positive oil and natural gas results while other oil firms, including Desire Petroleum Plc and FOGL, have been conducting new surveys to determine commercially viable oil deposits.

Desire reported finding some gas but is interested in building an inventory of commercially feasible oil wells in the Falklands.

BHP Billiton is among companies still exploring in the area but it has called off participation in the second phase of exploration south of the Falklands.



Share This Article With Planet Earth
del.icio.usdel.icio.us DiggDigg RedditReddit
YahooMyWebYahooMyWeb GoogleGoogle FacebookFacebook



Related Links
Powering The World in the 21st Century at Energy-Daily.com



Memory Foam Mattress Review
Newsletters :: SpaceDaily :: SpaceWar :: TerraDaily :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News


ENERGY TECH
Iraq oil hopes hinge on shielding industry
Baghdad (UPI) Oct 8, 2010
Iraq says it expects to raise oil production to 4 million barrels per day in 2013, up from 2.35 million now, in its drive to rival Saudi Arabia as the world's top producer. But that will depend greatly on the government's ability to protect the oil industry which will become more vulnerable as international oil giants move in to upgrade the long-neglected infrastructure and open new fie ... read more







ENERGY TECH
Saving Tropical Forests By Valuing Their Carbon And Improving Farm Tech

Protecting biodiversity will 'help' ASEAN economies: experts

Anti-GM crop petition tops million signatures

Land Degradation And Recovery On Western Rangelands

ENERGY TECH
Motorola sues Apple for patent infringement

Intel to spend 2.7 billion dollars on Israel plant upgrade

Optical Chip Enables New Approach To Quantum Computing

Spin Soliton Could Be A Hit In Cell Phone Communication

ENERGY TECH
Norway delays order of F-35s

BAE pushes Hawk jet trainers for Iraq

Human-Powered Ornithopter Becomes First Ever To Achieve Sustained Flight

Swiss solar plane completes flight across Switzerland

ENERGY TECH
Honda launches hybrid Fit to take on Toyota's Prius

Japan develops vehicle motor free of rare earths

Electric Cars Will Reduce Emissions And Oil Imports

World's first hybrid GT race car makes green sexy

ENERGY TECH
PayPal lets people deposit checks using iPhones

Peru mines new gold in guano

EU-China tug-of-war summit ends in division

Asian growth needs stronger currencies: IMF

ENERGY TECH
Deforestation examined in U.N. report

World's oldest trees under threat

The Amazon Rainforest - A Cloud Factory

Pristine Rainforests Are Biogeochemical Reactors

ENERGY TECH
iLOOKABOUT Scales Out Geospatial Imaging Opeations With Isilon

ESA And Oil Industries Explore Applications From Space

Google brings 'Street View' to Antarctica

Global Consortium Of Space Agencies To Meet At USGS

ENERGY TECH
Australia's PM launches new bid to price pollution

Australian PM welcomes BHP carbon tax call

Don't wait for US on cap-and-trade, OECD urges Canada

Australia hopes for carbon capturing 'sponges'


The content herein, unless otherwise known to be public domain, are Copyright 1995-2010 - SpaceDaily. AFP and UPI Wire Stories are copyright Agence France-Presse and United Press International. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by SpaceDaily on any Web page published or hosted by SpaceDaily. Privacy Statement