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[Opinion] What Are the Companies that Are Looking for Crude Oil in Malvinas and Why the Big Oil Companies Are Turning Their Backs on It?

Summary by La Nacion
The Sea Lion project is driven by an Israeli oil company and a small British company; unlike giants such as TotalEnergys, Shell or Equinor, they have a much smaller scale and assumed a geopolitical risk that the leaders seem to avoid, among other reasons, due to the restrictions imposed by Argentine legislation

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The Sea Lion project is driven by an Israeli oil company and a small British company; unlike giants such as TotalEnergys, Shell or Equinor, they have a much smaller scale and assumed a geopolitical risk that the leaders seem to avoid, among other reasons, due to the restrictions imposed by Argentine legislation

·Vicente López, Argentina
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National warning for the dispute over the natural resources of the Malvinas Islands.

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The Center of Ex-Combatants of Falkland Islands of La Plata and the Argentine Association of Environmental Lawyers presented a preventive action of environmental damage to the Federal Court of Rio Grande, in Tierra del Fuego, to stop the oil project “Sea Lion” (Leon Marino) in the Malvinas North Basin. By Radio Encuentro / Agencia FARCO. The aim of the judicial claim is to stop the works and movements on the seabed planned by the British Rockhop…

The federal judge of Rio Grande Mariel Borruto asked the federal prosecutor for an opinion on the jurisdiction of the court and on the collective nature of the process that seeks to curb the Sea Lion oil project or “León Marino”, which the companies Rockhopper Exploration, of British origin, and Navitas Petroleum, of Israeli capitals, try to develop in the Malvinas North Basin.

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politicargentina.com broke the news on Wednesday, September 2, 2026.
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