US oilfield services company Halliburton confirmed on Friday that neither it nor its subsidiaries will work on the Sea Lion project or take part in hydrocarbon exploration or production in or around the Falklands, after Argentine authorities raised the prospect of criminal and civil enforcement. Read full article
Comments
Disclaimer & comment rulesPart of Argentina's main Argument via Milei's press release of 28 Sept 2026:
Oct 03rd, 2026 - 09:06 am - Link - Report abuse +3Through Resolution 2065 (XX), the United Nations General Assembly recognized the existence of a sovereignty dispute between the Argentine Republic and the United Kingdom of Great Britain and Northern Ireland regarding the Malvinas, South Georgia, and South Sandwich Islands and the surrounding maritime areas, and urged both governments to find a peaceful solution to the controversy through negotiations.
Furthermore, United Nations General Assembly Resolution 31/49 expressly urged both countries to refrain from adopting decisions that would entail unilateral changes to the situation while the process recommended by the General Assembly remains ongoing.
British response:
General Assembly Resolution 2065 “does not prohibit economic development or displace the Islanders' right of self-determination”, and that Resolution 31/49 “likewise does not limit or remove the rights of the Islanders to freely determine their political status and freely pursue their economic, social and cultural development”. It adds that calls for negotiations “do not modify or dilute the obligation of nations to respect the legally binding right of self-determination”.
The decisions by the top service companies, Halliburton / Baker Hughes and Schlumberger are likely to be profit / loss calculations. Both companies work for YPF and likely make considerably more from activities in Argentina than are likely to be realized by the relatively minuscule Rockhopper operation. Having said that, if the past is any guide, there are always ways to get around restrictions. When Iran fell to the ayatollahs and when Gaddafi pursued nuclear weapons, both countries were subjected to supposedly airtight embargoes. Petroleum exploration and exploitation continued unabated with service technology provided via third party and 'informal' channels. I had personal knowledge of these deals back then and went as far as informing US intelligence in Athens of some of the shenanigans being channeled through Malta in Libya at the time.
Oct 03rd, 2026 - 05:10 pm - Link - Report abuse +1UNGA 2065 XX Interests –v- Wishes (desires) Misused by Argentina (1 pg) https://www.academia.edu/107054389/Interests_Versus_Wishes_Desires_UN_Resolution_2065_Misused_by_Argentina
Oct 03rd, 2026 - 06:05 pm - Link - Report abuse +2Argentina’s UNGA 31/49 of 1976- A Defunct Resolution: https://www.academia.edu/107054389/Interests_Versus_Wishes_Desires_UN_Resolution_2065_Misused_by_Argentina
it's just the beginning, The empire is gradually crumbling
Oct 03rd, 2026 - 08:36 pm - Link - Report abuse -3Please explain boy wonder what the beginning of is and what Empire ?
Oct 04th, 2026 - 12:04 am - Link - Report abuse +2or are you just another fantasist that clings to miniscule irrelevant tosh.
Just remember how stupid you are when that first drop of oil is sucked out of the sea,
Commenting for this story is now closed.
If you have a Facebook account, become a fan and comment on our Facebook Page!