Tag: Navitas Petroleum LP

• Monday, September 21st 2026 - 12:54 UTC

  Falklands government extends all offshore oil licences for five years

  

  The Falkland Islands Government announced on Monday the extension of all existing offshore hydrocarbons production licences, for an initial period of five years with a further two optional years at its discretion, and said the decision has “the full support of the UK Government”.

• Thursday, September 17th 2026 - 17:23 UTC

  Falklands, Rockhopper raises US$ 20 million in fresh funds to fund Sea Lion project

  

  Rockhopper Exploration has completed a plan to raise fresh funds from shareholders, expecting to bring in around US$200 million to fund its investment in the Sea Lion prospect in the Falklands. The AIM-listed firm announced the results of its open offer to shareholders on Wednesday, which raised total gross proceeds of around US$ 20m.

• Thursday, May 21st 2026 - 06:59 UTC

  Falklands’ oil, in June upgrade begins in Asia to adapt Aoka Mizu FPSO to Sea Lion development needs

  

  Rockhopper Exploration (AIM:RKH), has highlighted progress at the Sea Lion oil development in the North Falkland Basin, operated by Navitas Petroleum. The first two phases will use the Aoka Mizu FPSO with capacity of 55,000 barrels per day, while a new memorandum of understanding for a second FPSO could lift total capacity by a further 125,000 barrels per day, significantly expanding the project’s production potential if implemented.

• Monday, May 18th 2026 - 05:37 UTC

  The Falklands turn into a small South Atlantic economic power as the ghosts of 1982 return

  

  The Falkland Islands are going through their traditional “commemoration season,” the cycle of ceremonies that recall the 1982 war each year, culminating in Liberation Day on 14 June, at a moment defined by two overlapping realities: the consolidation of the archipelago as a small economic power in the South Atlantic and the reactivation of diplomatic tensions with the United States and Argentina. A feature published on Saturday by the British newspaper The Sunday Times, written by Matthew Campbell from Fitzroy, captures the contrast between growing economic prosperity and the anxiety generated by the recent leak of a Pentagon memorandum.

• Friday, December 12th 2025 - 10:50 UTC

  Argentina rejects UK and Israeli oil plans for Malvinas

  

  Argentina's Foreign Ministry on Thursday issued a vigorous rejection of a reported “Final Investment Decision” by British company Rockhopper Exploration Plc and Israel's Navitas Petroleum Development and Production Limited regarding the “Sea Lion” oil field in the North Falkland Basin.

• Thursday, December 11th 2025 - 10:28 UTC

  FIG Notes Final Investment Decisions for Sea Lion Development Program

  

  The Falkland Islands Government notes that Navitas Petroleum Development and Production Ltd and Rockhopper Exploration Plc have taken their Final Investment Decisions to invest in the Development Program for the Northern Area of the Sea Lion Field.

• Monday, December 8th 2025 - 09:02 UTC

  Falklands’ oil development, Navitas has contracted a floating production vessel, UK media

  

  The UK media is reporting that Navitas, the lead operator of the Falkland Islands Sea Lion field, has told investors it has signed contracts to move the Aoka Mizu floating production vessel from Shetland to the South Atlantic and plans a formal “final investment decision” this month.

• 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.