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Falkland Islands Company's historical building in Stanley, Falkland Islands. The Falkland Islands Company Ltd is a diversified goods and services company owned by FIH Group. Known locally as FIC, it was founded in 1851 and was granted a royal charter to trade in 1852 by Queen Victoria.
FIH Group plc (stylized as FIH group) or FIH (formerly Falkland Islands Holdings) is a British conglomerate which operates in the Falkland Islands through the Falkland Islands Company. Its other main businesses are the Portsmouth Harbour Ferry Company, which operates the Gosport Ferry in the south of England, and a London-based art storage and ...
The Falkland Islands Development Corporation was formed in mid 1984 and in its annual report at the end of that year it set out to increase employment opportunities by encouraging diversification, to increase population levels through selective immigration, to aim for long-term self-sufficiency and to improve community facilities.
In 1881, the Falkland Islands became financially independent of Britain. [49] For more than a century, the Falkland Islands Company dominated the trade and employment of the archipelago; in addition, it owned most housing in Stanley, which greatly benefited from the wool trade with the UK. [53]
The Falkland Islands Development Corporation (FIDC) is a quasi-autonomous, government-established, largely self-funding body responsible for encouraging the economic development of the Falkland Islands. It was set up in 1984 and is mainly funded from its own reserves and income streams.
Rockhopper was founded in 2004 to explore for oil and gas in the Falkland Islands. [3] It received a listing on the AIM market in 2005. [3] On 16 April 2010, Rockhopper commenced drilling of its first exploration well, 14/10-B (subsequently renamed 14/10-2) on its Sea Lion prospect using the Ocean Guardian semi-submersible drilling rig.