Category: Sea Lion
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Throwback: Top oil & gas final investment decision picks
Throwback: Top oil & gas final investment decision picks As the global oil and gas story expands with new discoveries and projects, many operators have been laying the groundwork to make final investment decisions (FIDs) for the undeveloped assets in their portfolios. Since many companies decided to sanction their existing developments in 2025, Offshore Energy…
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15 years in the making: Falkland Islands’ Sea Lion ready to move forward to first oil
15 years in the making: Falkland Islands’ Sea Lion ready to move forward to first oil A final investment decision (FID) has been taken for a giant oil project in the North Falkland Basin (NFB), where $1.8 billion will be needed to foot the bill to first oil and $2.1 billion to project completion. This FID comes 15…
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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.…