Argentina has ten companies in the “bad boys†list for involvement in Falklands oil activities
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Loading... - Adonis Vera
- 11 Oct 2022
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The Argentine Secretary of Malvinas affairs has included another oil company with interests in the Falklands hydrocarbons industry in the “list of bad boys” for allegedly operating without authorization from Argentina.
The company sanctioned by Argentina is Navitas Petroleum LP, originally from Israel, which is dedicated to the exploration and exploitation of hydrocarbons, and recently entered an agreement with Rockhopper Exploration in the northern Falklands basin.
The news was announced by Martin Dinatale, an Argentine journalist with long experience in Falkland Islands issues and good contacts in Argentine political circles. The measure was endorsed by Guillermo Carmona, Secretary of Malvinas, Antarctica and South Atlantic issues together with Argentina's Energy Secretary.
More specifically Navitas was pinpointed for operating in the Argentine continental shelf in the Northern Malvinas basin at the “Sea Lion” project which has proven reserves of oil, and is operating with “licenses awarded by the illegal government of the Malvinas Islands”.
According to Dinatale, based on a document from the Malvinas Secretariat, since 2012/2013, ten international oil and gas companies have been sanctioned by the Argentine government, because of illegal oil activities in the proximity of the Malvinas Islands.
Companies (bad boys) numerated in the Argentine list are : Falkland Oil And Gas Limited; Rockhopper Exploration PLC.; Borders and Southern Petroleum PLC.; Argos Resources LTD.; Desire Petroleum PLC.; Premier Oil PLC.; Noble Energy Falklands Limited; Noble Energy INC.; Edison International SPA. and Navitas Petroleum LP. Read More...
