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Summary“Falkland Islands Upstream Fiscal and Regulatory Report”, presents the essential information relating to the terms which govern investment into the Falkland Islands’ upstream oil and gas sector. The report sets out in detail the licensing framework under which firms must operate in the industry, clearly defining factors affecting profitability and quantifying the state’s take from hydrocarbon production. Considering political, economic and industry specific variables, the report also analyses future trends for the Falkland Islands’ upstream oil and gas investment climate.Scope- Overview of current fiscal terms governing upstream oil and gas operations in the Falkland Islands- Detail on legal framework and governing bodies administering the industry- Levels of upfront payments and taxation applicable to oil and gas production- Information on the operational regulations with which operators must comply- Assessment of the current fiscal regime’s attractiveness to investors
- Outlook on future of fiscal and regulatory terms in the Falkland IslandsReasons to buy- Understand the complex regulations and licensing requirements applicable to the Falkland Islands’s upstream oil and gas sector
- Evaluate factors determining profit levels in the industry
- Identify potential regulatory issues facing investors in the country’s upstream sector
- Utilize considered insight on future trends to inform decision-making
1 Table of ContentsRegime OverviewKey Fiscal TermsUpfront PaymentsTaxationRegulation and LicensingOverviewLicensing ProcessLicense TermsOperational RegulationsOutlookContact Information1.1 List of TablesSummaryFalkland Islands, Acreage Rentals, 1996 Competitive Bidding RoundFalkland Islands, Acreage Rentals, Open-Door ApplicationsFalkland Islands, Application Mark Scheme, 2008Falkland Islands, First Phase Duration, Open-door Application SystemFalkland Islands, Petroleum Operations Notices, 20141.2 List of FiguresRegime Flow Chart