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MercoPress, en Español

Montevideo, June 20th 2026 - 14:25 UTC

Tag: sea lion

  • Friday, June 5th 2026 - 07:08 UTC

    Argentina warns it could 'fully exercise all actions' over Falklands oil drilling plans

    The Sea Lion field, north of the archipelago, is operated by Navitas, which holds 65% of the project, while Rockhopper, which discovered it, retains 35%

    Argentina's government warned that it could “fully exercise all” available actions over plans to develop an oil field near the Falkland Islands, in a fresh escalation of the sovereignty dispute. The Foreign Ministry declared the plans of Britain's Rockhopper Exploration “unlawful” and described that company and its Israeli partner, Navitas Petroleum, as “clandestine,” after the Sea Lion project moved from exploration into development.

  • Friday, April 3rd 2026 - 04:46 UTC

    What did Milei say about Falklands oil and why does it matter for Sea Lion?

    “We act with determination against unilateral and illegitimate activities that seek to exploit resources belonging to the Argentine people,” the president said

    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

    In a pointed warning, Milei addressed the final investment decision announced by Rockhopper Exploration and Navitas Petroleum for the Sea Lion field in the North Falklands Basin

    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.

  • Wednesday, January 14th 2026 - 01:57 UTC

    Falklands’ oil industry expansion, Navitas to farm adjacent Sea Lion development

    “We are encouraged to see a further strengthening of our relationship with Navitas, this time through our holding in JHI”, Gil Holzman, president and chief executive of Eco Atlantic Oil & Gas.

    Eco (Atlantic) Oil &Gas Ltd, the Canadian exploration company focused on the offshore Atlantic Margins, announced that Navitas Petroleum LP (“Navitas”), with whom Eco signed a Framework

  • Tuesday, January 13th 2026 - 10:59 UTC

    Argentina halts Jerusalem Embassy move amid Falklands oil drilling dispute

    Milei first announced his intention to move the diplomatic HQ from Tel Aviv to Jerusalem during a visit to Israel in Feb. 2024 and reiterated that he was looking to inaugurate it in the spring

    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.

  • Wednesday, October 16th 2024 - 08:25 UTC

    Falklands, Rockhopper Exploration disposes of Italian assets to focus on Sea Lion

    “The combination of the insurance policy and transaction with Zodiac allows us to refocus the Company on Sea Lion,” said CEO Samuel Moody (Pic Rockhoper Exploration)

    Rockhopper Exploration plc (AIM: RKH), the oil and gas company with key interests in the North Falkland Basin (“NFB”), has announced it has put in place an insurance policy to cover the event that the Italian Republic succeeds in its attempt to have the Rockhopper Ombrina Mare Arbitration Award annulled and has also signed a share purchase agreement with Zodiac Energy Limited to exit its other Italian assets.

  • Wednesday, July 3rd 2024 - 23:00 UTC

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

    The Falkland Islands Government has started a public consultation on this revised EIS from Tuesday, 2 July 2024 to 13 August 2024.

    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.

  • Wednesday, June 26th 2024 - 08:49 UTC

    Falklands, consultation on Sea Lion offshore oil development has started

    The development, located 220km to the north of the Falkland Islands, involves drilling 23 wells and the production of over 300 million barrels of oil over 30 years

    Following the approval at an extraordinary sitting of the Executive Council on Monday 17 June, the Falkland Islands Government has begun a public consultation from Monday 24 June to Monday 5 August 2024, on the Environmental Impact Statement (EIS) for the Sea Lion Field Northern Development Area, Phase 1 and 2, which Navitas Petroleum Development and Production Limited have submitted.

  • Tuesday, January 23rd 2024 - 17:31 UTC

    Promising update for Sea Lion development and Falklands' oil industry

    According to the 2024 NSAI Independent Report, the certified gross 2C resources in the overall NFB have increased from 712 MMbbls to 791 MMbbls.

    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.

  • Wednesday, September 6th 2023 - 10:55 UTC

    First case of sea lion dying of avian flu confirmed in Uruguay

    Tesore told El País that these animals take advantage of buildings to seek refuge, especially on cold days

    Uruguayan authorities said the first case of a sea lion with avian influenza had been detected in the country after a specimen was found dead on the Cerro beach on Aug. 31 and the laboratory tests were announced Tuesday, it was reported in Montevideo.

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