Argentina Pressures Energy Companies over Falkland Islands Oil Development
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The dispute over the sovereignty of the Falkland Islands/Malvinas retakes strength between Argentina and the United Kingdom, this time for the advance of an oil exploitation project located in front of the archipelago. The Argentine president, Javier Milei, pointed to the Sea Lion field as a “threat” for the interests of his country and announced new [...]
World Oil
Oil & Gas 360Argentina pressures energy companies over Falkland Islands oil development
Argentina is stepping up pressure over offshore oil development around the Falkland Islands as first production approaches, with Halliburton, SLB and Baker Hughes confirming they have no involvement in oil projects there.
Miguel Rodríguez, president of La Libertad Avanza in Tierra del Fuego, supported the continuation of the work in Ushuaia and highlighted its possible economic impact. He also referred to the sanctions announced by Javier Milei against companies linked to Sea Lion.
The oil services company DLS Archer Ltd. S.A. confirmed in an official statement that it does not have any participation in the exploration or production of hydrocarbons in the Malvinas Islands, formally dissociating itself from the Sea Lion Project. With this ratification, the firm responds to the conjuncture of the regional hydrocarbon sector marked by the...
The main international oil service companies operating in Argentina are demarcated from the Sea Lion project around the Malvinas Islands. Following the initial ratification transmitted a few days ago by SLB, statements by Halliburton, Baker Hughes and DLS Archer were now added, which explicitly ruled out any type of participation [...]
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