The Sea Lion oil development north of the Falkland Islands has received UK consent from Foreign Secretary Ed Miliband, according to project operator Navitas Petroleum.
The Sea Lion oil development north of the Falkland Islands has received UK consent from Foreign Secretary Ed Miliband, according to project operator Navitas Petroleum.
The long-running sovereignty dispute over the Falkland Islands is entering a potentially more lucrative and politically charged phase as plans to exploit major oil discoveries around the territory advance.
(Reuters) – I3 Energy discovered around 200 million barrels of oil in its Serenity prospect in the British North Sea and plans to coordinate its development with Repsol Sinopec Resources
Hook-up of FPSO at the Lancaster Field.
Sachin Oza, Co-CEO commented: “We are delighted that Corallian has participated in another high-value farm-out agreement. This demonstrates the strength of our strategy of investing at a company level