Tag: Navitas Petroleum

• Friday, September 4th 2026 - 23:30 UTC

  Rockhopper and Navitas shares fall as operators defend Sea Lion timetable

  

  Shares in the two companies developing the Sea Lion field off the Falklands fell on Friday after Argentine President Javier Milei announced he would tighten sanctions on firms operating around the archipelago without authorization from Buenos Aires. Both companies responded with a joint statement saying they do not anticipate any impact on the project's development.

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• Monday, August 31st 2026 - 08:47 UTC

  Falklands’ oil industry, Rockhopper plans equity raise for second FPSO

  

  Rockhopper Exploration is planning an equity capital raising to fund its share of a second FPSO, (OSX-1), for the Sea Lion oil field development in the Falkland Islands, since operator Navitas Petroleum exercised its option to acquire the vessel for some US$ 125 million with the purpose of further adding production to 125.000 barrels of oil per day.

• Wednesday, August 19th 2026 - 10:01 UTC

  Falklands consolidates the future of its economy in the fishing and hydrocarbons industries

  

  The Falklands Planning and Building Committee has approved two projects tied to the sectors that underpin the Islands' economy: fishing and hydrocarbons.

• Thursday, August 6th 2026 - 08:18 UTC

  Navitas broadens its US Gulf portfolio with stakes in two oil discoveries, oil industry media

  

  Navitas Petroleum has signed agreements to obtain a 33.33% interest in the Tiberius and Logan oil discoveries in the Gulf of America (Gulf of Mexico) from Occidental and Kosmos Energy, expanding its Gulf of America hydrocarbon portfolio.

• Friday, April 3rd 2026 - 04:46 UTC

  What did Milei say about Falklands oil and why does it matter for Sea Lion?

  

  Argentine President Javier Milei warned Thursday that his government “will respond with all necessary diplomatic measures” to protect the country's interests in the face of the advancing Sea Lion oil project, operated by Rockhopper Exploration and Navitas Petroleum in the North Falklands Basin. The remarks, delivered during the ceremony marking the 44th anniversary of the war, represent the Milei government's firmest stance yet on a project that has just cleared a decisive financial milestone.

• Thursday, April 2nd 2026 - 21:01 UTC

  Milei reaffirms Falklands sovereignty, warns oil firms and vows to rebuild the armed forces

  

  Argentine President Javier Milei on Thursday reaffirmed his country's sovereignty claim over the Falklands Islands, warned of a diplomatic response to British oil exploration in the area, and announced that 10% of fiscal revenue from privatizations will be allocated to purchasing weapons and equipment for the armed forces.

• Tuesday, January 13th 2026 - 10:59 UTC

  Argentina halts Jerusalem Embassy move amid Falklands oil drilling dispute

  

  Argentina has reportedly put on hold its plan to relocate its embassy in Israel to Jerusalem after diplomatic friction linked to offshore oil drilling near the Falkland Islands, Israeli broadcaster Channel 12 reported over the weekend.

• Tuesday, January 23rd 2024 - 17:31 UTC

  Promising update for Sea Lion development and Falklands' oil industry

  

  Rockhopper Exploration PLC has released a corporate update in which it refers to the recent release published by Navitas Petroleum LP on the Sea Lion development in the North Falkland basin. The release includes an updated development plan to align with their static and dynamic reservoir models, resulting in the increase in certified resources in an updated NFB independent resource report conducted by Netherland Sewell & Associates on behalf of Navitas.

• Monday, September 25th 2023 - 10:00 UTC

  Argentina insists Navitas Petroleum has a ban due to “illegal” operations in Falkland Islands

  

  Argentina has again complained that the Israeli company Navitas Petroleum LP is operating in the Falkland Islands, Malvinas Islands, involved in illegal activities in Argentine insular territory without the pertinent hydrocarbons exploration and exploitation permits from the competent authorities.

• Monday, March 27th 2023 - 10:11 UTC

  Falklands Sea Lion development offshore could be reached next year, estimates Rockhopper Exploration

  

  A final investment decision for the long-stalled Sea Lion development offshore the Falkland Islands could be reached in 2024, Rockhopper, a partner in the project announced in its site, after Navitas Petroleum, the project operator, presented it with an updated development plan.