Tag: Sea Lion FPSO

• 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.

• Friday, August 16th 2024 - 18:16 UTC

  Falklands oil development: update on the consultation on Sea Lion offshore field

  

  On Tuesday 2 July 2024 it was announced that Navitas Petroleum Development and Production Ltd (Navitas) 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.

• 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.

• Thursday, January 23rd 2020 - 19:30 UTC

  Falklands' oil company lays out plans for production: 85.000 bpd at peak output

  

  At peak oil production from the Falkland Islands offshore Sea Lion oil field, Premier Oil is hoping for 85,000 barrels of oil per day. Over 20 years they anticipate 255 million barrels of oil in a medium-case scenario.

• Thursday, September 20th 2018 - 06:52 UTC

  Falklands Sea Lion development on track to begin offshore operations

  

  Negotiations continue with service providers for the Premier Oil-operated Sea Lion development in the offshore North Falkland basin. According to partner Rockhopper Exploration, Phase 1 will develop around 220 MMbbl in license PL032 and a further 300 MMbbl from the license’s remaining resources under Phase 2.

• Thursday, March 17th 2016 - 06:01 UTC

  Falklands' oil industry making steady advance 'with positive signs from Argentina', says GlobalData

  

  Falkland Islands' oil and gas industry is making steady advancement in spite of global concerns about falling prices, according to new analysis by GlobalData. With positive signs coming from the neighboring Argentina, which recently witnessed a change in government, the Falklands is preparing to commercialize production of its first oil project, Premier Oil's Sea Lion.

• Friday, January 17th 2014 - 07:57 UTC

  Falklands oil companies agree on tension leg platform for development of Sea Lion field

  

  The Tension Leg Platform option is the most suitable technical and commercial solution for the development of the Falklands' Sea Lion field, according to the recommendation from field operator Premier Oil, said Rockhopper Exploration in an official release, which also announced further drilling is expected in the next twelve months.

• Saturday, August 31st 2013 - 00:44 UTC

  Falklands’ first oil delayed as cost alternatives are considered

  

  Premier Oil exploring for oil in the Falkland Islands said the company is studying cost alternatives to its drilling operations and crude extracting sub-sea architecture for the development of the Sea Lion project, which could delay the original chronogram for first oil.

• Friday, July 5th 2013 - 06:58 UTC

  Falklands’ on-shore storage for construction of oil flow lines to develop Sea Lion project

  

  Bundled or reeled production flow lines could be constructed on-shore the Falkland Islands for Premier Oil, the UK independent company that is developing the Falklands Sea Lion project and expected to demand an investment of 5 billion dollars with first oil expected sometime in 2017.