Tag: Sea Lion Main Complex

• 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.

• Sunday, April 5th 2026 - 11:26 UTC

  Falklands plans for oil future, Monday begins Economic Development Forum

  

  As of Monday April 6th the Falkland Islands will become a hub of conferences and workshops with the inauguration of the 2026 Economic Development Forum, prepared by the Falklands Chamber of Commerce and presented by the Falklands Development Corporation, FIDC, which will be looking ahead to the challenges from the oil and telecommunications industries and their transformative dynamics into the future.

• 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.

• Thursday, December 11th 2025 - 10:24 UTC

  First step for “Falkland Islands as an oil and gas producing region,” BOR Petroleum

  

  Borders & Southern Petroleum plc (AIM:BOR) said that the Navitas/Rockhopper on its final investment decision (FID) for the Sea Lion development project represents the first step toward establishing the Falkland Islands as an oil and gas producing region.

• 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.

• Tuesday, May 27th 2025 - 20:17 UTC

  North Sea FPSO extension clears path for potential redeployment to Falklands

  

  Dutch offshore company Bluewater has reached an agreement in principle to extend the deployment of the Aoka Mizu FPSO on the UK’s Lancaster oilfield, a move that could set the stage for the vessel’s future redeployment to the Falkland Islands' Sea Lion 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.