Argentina to file criminal charges against Navitas Petroleum over Falklands drilling
The filing targets Navitas subsidiaries, directors and partners and could bring prison terms of up to 15 years under Argentine law.
- On Monday, the office of Argentine President Javier Milei announced a criminal complaint against Tel Aviv-listed Navitas Petroleum and partners for illegal oil exploration near the Falkland Islands.
- Argentina alleges the companies violated national law by holding hydrocarbon licenses issued by "the illegitimate government of the United Kingdom," maintaining sovereignty over the territory 300 miles away in the South Atlantic.
- The Sea Lion field is central to the dispute, with Navitas Petroleum holding a 65% stake; Gideon Tadmor, the company's chair, holds about 9% of shares as the project moves toward production in the North Falkland Basin.
- Britain defended its claim with Foreign Secretary Ed Miliband stating the U.K.'s position is "unwavering," while National Security Itamar Ben-Gvir urged Prime Minister Benjamin Netanyahu to recognize Argentine sovereignty over the territory.
- As Sea Lion moves toward production, the sovereignty dispute has transformed into a conflict over resources. Milei previously threatened to sanction shareholders and directors involved in Falklands oil activities, escalating tensions.
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102 Articles
Argentina files lawsuit against oil firms operating off Malvinas
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Argentina to File Criminal Case Against Israeli Oil Company Operating in Falkland Islands
The Government of Argentina on Monday announced that it will file criminal charges against Israeli oil company Navitas Petroleum over its involvement in an offshore oil project at the Falkland Islands, a British territory that Argentina claims as its own.
Argentina’s Milei Takes New Step To Claim Falklands
The BBC reports: The Argentine government has said that it would file criminal charges against oil company Navitas Petroleum for operating in seas off the Falkland Islands. The move came just days after Argentine President Javier Milei said he would sanction oil companies drilling in the British overseas territory in the south-west Atlantic Ocean. Sovereignty … The post Argentina’s Milei Takes New Step To Claim Falklands appeared first on Joe.My…
Argentina to file criminal case against Falklands oil driller
Argentina will file a criminal complaint against several subsidiaries of Israeli oil company Navitas regarding operations in the Falkland Islands.
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