Tag: Sea Lion project

• Friday, September 4th 2026 - 07:21 UTC

  Milei announces sanctions against oil firms operating off the Falklands without Argentine approval

  

  Argentine President Javier Milei announced on Thursday, in a televised national address, sanctions against companies taking part in hydrocarbon development off the Falklands without Argentine authorization, along with the construction of a naval base in Tierra del Fuego, at the country's southern tip. The message, recorded at the Casa Rosada alongside his full cabinet, raised tensions with the United Kingdom at a moment when Washington has cast doubt on its traditional neutrality in the dispute.

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• Thursday, December 9th 2021 - 09:49 UTC

  Fresh air for Falklands' oil industry: Navitas to become operator with Rockhopper, and Harbour exits

  

  Encouraging news for the Falkland Islands budding hydrocarbons industry. Rockhopper Exploration officially announced on Wednesday that it had reached a new agreement with Navitas Petroleum by which its potential farm-in portion of the Sea Lion project increases significantly, while the current holder of the majority share, Harbour Energy exits the undertaking.

• Saturday, March 21st 2020 - 09:02 UTC

  Falklands Sea Lion project: Rockhopper and Premier confident of farm out with US/Israel Navitas

  

  Rockhopper Exploration, a partner in Premier Oil-operated Sea Lion offshore oil project in the Falkland Islands, is confident it will manage to farm-out a share in the project despite the low oil prices and COVID-10 uncertainty. The two companies in January signed non-binding heads of terms with US/Israel Navitas Petroleum, which should lead to Navitas obtaining a 30% interest in the Sea Lion offshore blocks.

• Monday, October 14th 2019 - 16:49 UTC

  Falklands oil industry warned by the Argentine government

  

  The recent announcements by Rockhopper PLC and Premier Oil referred to the development of the Sea Lion project in the Falkland Islands, have triggered a reaction from the Argentine foreign ministry.

• Friday, August 23rd 2019 - 09:50 UTC

  Premier Oil trying to sell part of its Falklands' Sea Lion project

  

  Premier Oil is selling its stake in a “world-class” project off the coast of Mexico and wants to reduce its holding in a long-awaited scheme north of the Falkland Islands as it tries to lighten its US$ 2bn debt burden, reports the Financial Times.

• Wednesday, July 31st 2019 - 10:58 UTC

  Financial submission for developing Falkland Islands' Sea Lion project

  

  Rockhopper Exploration PLC on Tuesday said it has submitted an early information memorandum to potential lenders for the Sea Lion project in the Falkland Islands.