Economies of scale - good projects6 Apr 2019 20:31
It would make sense for the falkland islands to become an oil and gas hub - you have Bor's light oil discovery to the south, FOGL's massive gas discovery, to the north the Johnson (10 TCF) gas discovery, the SeaLion field and many other prospects similar to SeaLion for more oil.
You could build 4 LNG trains on the Falkland Island and supply them with raw gas first from Johnson and then from the FOGL discovery to the south. You have at least 50-60 years of gas resources in place to supply 4 LNG trains with.
Then you could also build oil processing and storage facilities onshore. SeaLion could be tied back via a pipeline from the North, and Bor's light oil discovery (circa 250 million barrels recoverable plus billion barrel potential nearby) could be tied back from the South.
It would really make a huge amount of economic sense for all these companies to cooperate together into making the Falkland's an oil and gas hub with four LNG trains and producing about 300,000 bopd per day (or even more if there are billion barrel fields to the South in Bor's acreage as well as to the North next to SealIon and in Argos Resources' acreage/licence).
If the companies involved cooperate they would really have the necessary economy of scale to make the Falkland's a huge profit generating centre, source of economic prosperity, and a source of valuable foreign currency (dollars) for both the Falkland Islands and the UK government who at the very least would receive payroll taxes and corporation tax).