• 2 min de lectura
• 2 min de lectura
Rockhopper and Navitas Petroleum responded to the announcements made by President Javier Milei regarding the Falkland Islands and clarified that the Sea Lion project continues its development as planned.
In a joint statement, both firms specified that the initiative "operates under valid oil licenses, legally granted by the Government of the Falkland Islands, an autonomous British overseas territory, and with the full and continuous support of the Government of the United Kingdom."
"The partnership believes that recent events are not expected to have a significant effect on the development activities of the Sea Lion Project, including the timeline for its completion," Rockhopper and Navitas Petroleum made clear.
In a national address, President Javier Milei announced sanctions against companies seeking to develop oil projects in the Falkland Islands, stating that "we will proceed to disqualify companies directly or indirectly involved in projects in the Malvinas Islands without Argentine authorization from operating in Argentine territory."
In this vein, Milei made special mention of Sea Lion, pointing out that "if we do not act with firmness and speed today, in a few months they will have the material capacity to appropriate the oil reserves that lie beneath our sea, something that had never happened before now."
The Sea Lion field was discovered in 2010 and is located 220 km north of the Falkland Islands and has an estimated potential of 1.7 billion barrels of oil.
