Tag: Navitas Petroleum LP

• Tuesday, September 30th 2025 - 10:11 UTC

  Falklands, growing hydrocarbons oil activity and funding for the Sea Lion oil project

  

  Rockhopper Exploration half year results indicate that the UK oil and gas company is more hopeful than ever that a final investment decision will come this year on the Sea Lion oil project in the Falkland Islands, after it secured a successful capital raise of up to US$ 140 milliom. Rockhopper holds a 35% interest in the project with the Israeli operator Navitas Petroleum holding the remaining 65%.

• Wednesday, September 17th 2025 - 11:12 UTC

  Falklands ‘bashing’, a listing Milei appeals to an old Argentine political habit

  

  Last Friday following a negative electoral week for the government of Argentine president Javier Milei, which forced him to reshape his economic program, and open the tight purse of the budget, looking ahead to the midterm election in October, (and ahead of the arrival of the new British ambassador in Buenos Aires), the Falkland Islands, this time hydrocarbons development, were again the target of Argentine political frustration.

• Monday, July 21st 2025 - 09:39 UTC

  Falklands, Public Meeting on Social and Economic Impacts of hydrocarbons project

  

  The Falkland Islands Government (FIG) and Navitas will hold a public meeting to present the findings from social and economic impact assessments of the proposed Sea Lion hydrocarbons project.

• Wednesday, March 26th 2025 - 05:40 UTC

  Falklands Sea Lion oil development FID expected by midyear, Rockhopper reports

  

  A final investment decision (FID) for the Sea Lion development offshore the Falkland Islands could be reached in mid-2025, according to Rockhopper, which is partner in the project with the operator Navitas Petroleum from Israel.

• Tuesday, November 26th 2024 - 10:45 UTC

  Falklands, larger oil reserves at Sea Lion development; independent resource report contracted by operator Navitas

  

  Rockhopper Exploration plc, the oil and gas company with key interests in the North Falkland Basin (“NFB”), has reported on the recent update published by Navitas Petroleum LP on Sea Lion development progress, which includes an updated NFB independent resource report conducted by Netherland Sewell & Associates (“NSAI”) (the “October 2024 NSAI Independent Report”) on behalf of Navitas.

• Thursday, November 14th 2024 - 13:46 UTC

  Falklands, Sea Lion oil development area EIS public consultation considered

  

  Following the public consultation for the Environmental Impact Statement (EIS) for the Sea Lion Field Northern Development Area, Phase 1 and 2, submitted by Navitas Petroleum Development and Production Limited, the Executive Council (ExCo) considered the representations made, responses, and further information at an extraordinary meeting held on Thursday, November 7.

• Monday, July 29th 2024 - 08:06 UTC

  Falklands, controversy with Navitas oil company Environmental Impact Statement

  

  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’.

• Wednesday, July 3rd 2024 - 20:05 UTC

  Falklands, Navitas updates emission assessment of Sea Lion environmental impact statement

  

  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.

• Thursday, June 20th 2024 - 15:55 UTC

  Falklands: Consultation to begin on Sea Lion offshore oil development, north of the Islands

  

  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.

• Saturday, September 30th 2023 - 09:58 UTC

  Falklands Rockhopper claims the oil company is in “its strongest position”

  

  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.