Oil & Gas
In 1998, several companies came to the Falklands on oil exploratory
missions, but at the time oil prices were low and it was deemed
uneconomic to pursue extraction.
In February 2010 six wells were spudded, and four main companies listed on the London AIM market have all drilled – FOGL, Rockhopper, Desire and Borders & Southern along with a fifth later on – Argos Resources, which is due to have activity later in 2012.
Wilkins Kennedy LLP has a wide-ranging experience of working with
both the public and the private sector in the Falkland Islands and
overseas. From drilling companies, rigging firms, seismic vessels and
fishing companies to aviation and engineering firms, we have the
professional know-how and financial skills to support your organisation
and to offer professional advice with local financial compliance.
If you are thinking about doing business with the Falkland Islands, whether your business is operating from outside or within the Falkland Islands permanently or temporarily, our professional team can ensure you have the best professional advice to help your business run smoothly.
Working directly with clients or as specialists to their advisers, our highly skilled professional team is on hand to offer: personal and corporate tax advice, tax authority liaison services, legislation compliance, payroll set up and execution, management accounting, audit and assurance, company set–up and incorporation and to advise on all aspects of accountancy and business operations.
For further information, please contact:
Wilkins Kennedy LLP – Falkland Islands
Chartered Accountants and Business Advisers
T: 00 500 22918