Tag: Navitas Petroleum

• 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.