Tag: Navitas Petroleum

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.
Tuesday, October 11th 2022 - 10:55 UTC
Argentina has ten companies in the “bad boys” list for involvement in Falklands oil activities

The Argentine Secretary of Malvinas affairs has included another oil company with interests in the Falklands hydrocarbons industry in the “list of bad boys” for allegedly operating without authorization from Argentina.
Wednesday, April 20th 2022 - 10:05 UTC
Rockhopper and Israel's Navitas as operator, agree to develop Sea Lion project

Rockhopper Exploration and Navitas Petroleum have reached an agreement by which the Israeli company becomes the operator of the promising Sea Lion project located north of the Falkland Islands. This lays the basis for a new technical and financing plan for a lower-cost development of the Sea Lion area.
Thursday, May 14th 2020 - 08:50 UTC
Premier Oil suspends Falklands' Sea Lion project; Navitas remains interested in farm out project

UK-based oil and gas operator Premier Oil has said it has suspended the Sea Lion-1 oil project offshore the Falkland Islands. The company said the US$1.8 billion offshore oil project would be suspended to minimize ongoing spend in light of the current market conditions.