Falklands Conservation has published initial views on the Navitas oil company Environmental Impact Statement (EIS) and encourages people to comment on the report. This is of course welcome but their statement that essential information on key animal groups is missing, is misleading. It states that ‘the presented seabird data is more than 20 years old’.
The Israeli/US company preparing to extract oil from Falkland Islands waters, Navitas Petroleum Development and Production Ltd. (Navitas) has issued a revised Environmental Impact Statement (EIS) concerning its proposals for the drilling of oil wells and offshore production from the Sea Lion Field Northern Development Area, Phase 1 and 2, which includes additional information on atmospheric emissions.
Following an extraordinary sitting of Executive Council on Monday 17 June, the Falkland Islands Government has agreed that there will be a public consultation from Monday 24 June to Monday 5 August 2024, on the Environmental Impact Statement for the Sea Lion Field Northern Development Area, Phase 1 and 2, which has been submitted by Navitas Petroleum Development and Production Limited.
The oil and gas exploration company with interests in the Falkland Islands, Rockhopper Exploration PLC, declared a pretax loss in the six months ended June 30 of US$ 2.6 million, from USD749,000 a year prior, as administrative expenses jumped 40% to 2.1 million pounds.
Positive news for Falklands' oil industry development. All regulatory consents for the transaction between Harbour Energy plc and Israel's Navitas Petroleum LP of its Falkland Islands offshore license interests have been approved by the Falkland Islands government and the United Kingdom minister of state.
By Dominic O’Connell, The Times- Head north from the Falkland Islands, across the South Atlantic waves where albatross wheels and whales sound, and you pass over what could be a big new oil province — a significant source of hydrocarbons controlled not by sheiks or oligarchs, but by the United Kingdom.
Rockhopper Exploration presented on the last day of September its half-year interim report, which follows on the shock announcement from Harbour Energy that it will seek to exit the Sea Lion Project in the North Falkland Basin.
Rockhopper Exploration has confirmed that Navitas Petroleum remains committed to its proposed farm-in to the Sea Lion oil and gas project offshore the Falkland Islands, the company announced on its site.
Rockhopper Exploration has provided an update on its previously announced Heads of Terms with Navitas Petroleum LP to farm into the Sea Lion project in the North Falkland Basin.
Rockhopper Exploration PLC on Tuesday said it has signed a milestone farm-in deal at the Sea Lion project in the Falkland Islands. Rockhopper shares were 30% higher in early trade in London at a price of 19.44 pence each. Premier was 13% higher at 114.62p.