Member Info for Biscuit496

FIT

FIG proposed Sovereign Wealth Fund explained with connection to Sea Lion and more.

The prep continues unabated.

Watch from about 10.37 onwards

https://www.youtube.com/watch?v=5Ev-TecKmrA

Sorry its old news for most of you but the snippets may be of interest

Aoka Mizu FPSO

FPSO departure date confirmed for UK oilfield

Lancaster oilfield has been in production for nearly seven years

The productive life of the Lancaster oilfield in the UK West of Shetland area will come to a conclusion in the second quarter this year (2026), according to the field operator.

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One of the few FPSOs to actually be redeployed as intended, with the potential of heading to the sea lion field. Was great working on the 1st project back then, great asset and great team!!! Go Aoka Mizu!

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It does what it says on the tin - "it's reusable". Anyone remember the original Seillean, the BP SWOPS vessel/FPSO. In Gaelic it means Bee i.e. the vessel was meant to be a Bee moving (buzzing) from Oil Field to Oil Field gathering the honey (oil). The concept still works, and so good to see the AM following the path. Many happy years on the project.

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Unfortunately most of the crew are being paid off and replaced with Philippines and South Africans, I've been reliably informed

Good to hear, from Argentina, that the RN is still supporting the FI!

https://en.mercopress.com/2026/02/10/falklands-top-royal-navy-officer-visits-bfsai-headquarters-at-mpc

New Causeway Construction Underway in the Falklands

https://www.youtube.com/watch?v=KbIMRD4T7Q8

I dont know about the dogs but there is still plenty of rabbit.

https://www.youtube.com/watch?v=pTvxqsIl9qE

Here we go - another lull in the action has arrived so the RABBIT starts again. Insults, nonsense, guessed opinions, twisted facts – and the good hard facts, that do exist, tend to be smothered and lost in the RABBIT. Unlike the song RABBIT very little of it is amusing.

https://www.youtube.com/watch?v=pTvxqsIl9qE

Have a good Christmas and may 2026 be as good as we want it to be.

Out this morning. Needs some study by better brains than mine. See'two warning signs'

https://uk.yahoo.com/finance/news/rockhopper-exploration-plcs-lon-rkh-092605289.html

And more and more: Sharkeys Bar in Hull (with a new owner), Montrose, Slough, Lincoln, Marina de Albufeira (Portugal) – and so it goes on. Not sure about dancing girls though or one legged barmen. Take your pick.

Then there are SHARKEY'S SPORTS BAR's Located at Bournemouth & Southampton

Nikb

How right you are. Silly me. Many thanks for the rude comments you didnt make!

To avoid having my wrist being smacked again by the ‘Board Police’ I had better explain that Bluewater seems to be expanding. See first website. This is just for background information.

My question is: is this the same Bluewater that runs the Aoka Mizu FPSO. If so it sure is a big company.

https://inspenet.com/en/noticias/bluewhale-offshore-consolidates-its-expansion-with-the-creation-of-blueoos/

The below websites are there for further background info for new arrivals to the Board and not for the so knowledgeable and expert present Board contributors / speculators / bickerers:

https://www.share-talk.com/aoka-mizu-fpso-is-planned-for-the-sea-lion-project-in-the-falkland-islands/

https://www.bluewater.com/floating-production/fpso-fleet/aoka-mizu/

https://www.upstreamonline.com/rigs-and-vessels/uk-north-sea-fpso-owner-agrees-terms-for-contract-extension/2-1-1822578?zephr_sso_ott=fJI8u3

Interesting info

Yes you need to be careful with what you post at the moment. All news posted must be brand new material or fully explained and justified. The poor little darlings, the Board Police, are unable to fully understand otherwise.

However time spent posting / arguing senseless and boring points, and / or expressing dislike of the other poster(s), is OK.

I am well aware of that, but:

1. They are still a better read than the squabbling that has been going on.

2. I couldn’t find any new news to post

3. The articles were published as news only days ago.

4. The words ‘Provisionally’ and ‘potential’ caught my eye.

And :--

"The Bluewater-supplied FPSO Aoka Mizu has been provisionally lined up for the Sea Lion development offshore the Falklands."

https://www.offshore-mag.com/business-briefs/company-news/news/55320187/serica-energy-serica-energy-agrees-to-acquire-prax-upstreams-uk-offshore-interests

For those bored with the bickering:-

September 30, 2025

$25.6M acquisition expanding Serica’s North Sea footprint

"Pax acquisition

One part of the acquisition is the Lancaster oil field, in which Prax Upstream owns a 100% interest. Lancaster produced an average of 5,900 bopd of oil in the first half of 2025 via the Bluewater-owned and operated FPSO Aoka Mizu.

The FPSO’s operator is eyeing a potential new contract for the unit at the Sea Lion project in the Falkland Islands, while Lancaster is expected to stop producing in Q3 2026. The field’s 2P reserves amounted to 2.6 mmboe on June 30, 2025."

https://www.offshore-energy.biz/25-6m-acquisition-expanding-sericas-north-sea-footprint/

- that you may not have seen

https://www.upstreamonline.com/field-development/hopes-at-all-time-high-for-falklands-first-offshore-development/2-1-1878014

https://en.mercopress.com/2025/09/30/falklands-growing-hydrocarbons-oil-activity-and-funding-for-the-sea-lion-oil-project

IN BRIEF: Rockhopper swings to loss as hails progress on Sea Lion

29th September 2025 14:14

from Alliance News

Rockhopper Exploration PLC - Salisbury, England-based oil and gas miner - Swings to pretax loss of USD51.4 million in the first half of 2025 from a profit of USD78.2 million a year ago. Reports other costs of USD46.4 million, compared to other income of USD79.8 million. Further, notes other expenses of USD5.3 million compared to none a year ago. The company emphasises that the final investment decision for Sea Lion Phase 1 development offshore to the north of the Falkland Islands is pending. Chief Executive Officer Samuel Moody says: "This has been a transformative period for Rockhopper and the last few months have seen an acceleration of progress towards final investment decision. A financing plan is in place for which we have secured our base equity requirement and the potential value to all stakeholders is independently confirmed." The company targets production to peak at 55,000 barrels per day at Sea Lion.

Current stock price: 75.20 pence each, up 2.7% on Monday afternoon in London

12-month change: up sharply from 14.25p each on September 30, 2024

Sorry if you have already seen this

https://www.upstreamonline.com/exploration/farm-out-momentum-builds-for-major-falklands-discovery/2-1-1876697

That dates you

Camp is an aesthetic and sensibility that regards something as appealing or amusing because of its heightened level of artifice, affectation and exaggeration, especially when there is also a playful or ironic element.

So there!