Category: Rockhopper Exploration
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Sea Lion runs into setback as financing delays Falkland Islands’ $1.4B oil project
Sea Lion runs into setback as financing delays Falkland Islands’ $1.4B oil project Israel’s Navitas Petroleum has put off a final investment decision (FID) for its giant Sea Lion oil project in the North Falkland Basin (NFB), pushing it to the second half of the year for Phase 1 to put a financing plan in…
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Sea lion’s first roar pushed back as costs rise to $1.4 billion for Falkland Islands’ oil project
Sea lion’s first roar pushed back as costs rise to $1.4 billion for Falkland Islands’ oil project Israel’s Navitas Petroleum has postponed a final investment decision (FID) for its giant Sea Lion oil project in the North Falkland Basin (NFB), bumping it to next year for Phase 1, following the cost hike to $1.4 billion.…