Rockhopper Said Argentina’s Sanctions Are “Illegitimate” and Will Advance with Oil Exploitation in Malvinas
13 Articles
13 Articles
Through its semi-annual report, the company indicated that “recent developments are not expected to have a material impact on development activities”
The British company leads the initiative to extract oil from the islands along with the Israeli Navitas.In a semi-annual report, it stated that the provisions of the Milei government are "unjustifiable."
The British company said government-driven measures will not change the schedule of the Sea Lion project and highlighted the UK’s “firm support.”
The British oil company said it has the support of the UK and ruled out the Milei government's offensive altering the schedule of the Sea Lion project.
The British company participates in the project with the Israeli company Navitas, operator of Sea Lion. The drillings would begin in 2027 and produce the first barrels of oil on the islands from 2028. Read more
Rockhopper owns 35% of Sea Lion, a field located in the northern basin of the islands.
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