The Company of Oil Services SLB Has Confirmed that It Will Not Participate in Any Activity in Malvinas
21 Articles
21 Articles
The firm has assured that it will also not provide services for hydrocarbon projects in the surrounding maritime areas; Milei has announced sanctions to those who carry out this type of activities
The Executive pointed at companies and individuals related to the Sea Lion project. It seeks to prevent them from operating in Argentine territory and to tighten the penalties for the extraction of resources without national authorization.
Following the decree to speed up sanctions on companies operating in the archipelago, Rockhopper’s shares sink 6.5% on the London Stock Exchange. Navitas loses 2.3% on the Tel Aviv market
SLB confirmed the suspension of its oil services under Decree 868/26 while Foreign Ministry would add 45 entities to the Malvinas Islands. SLB entry cancels oil operations in the Malvinas Islands was first published in OPI Santa Cruz.
The United States company reported that it will not engage in hydrocarbon activities on the islands following new sanctions announced by the Government.
SLB, one of the largest global oil service companies, confirmed this Saturday that it will not participate and does not plan to participate in hydrocarbon projects in the Falkland Islands or in the surrounding maritime areas. It is the first concrete reaction of a company of international weight to the announcements made on Thursday by President Javier Milei [...]
Coverage Details
Bias Distribution
- 67% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
