The Sea Lion oil field is particularly large, containing an estimated 819 million barrels of oil. The cost of developing ...

Rockhopper Exploration has taken a final investment decision (FID) on Phase 1 of the Sea Lion oil development north of the ...

The Falkland Islands Government notes that Navitas Petroleum Development and Production Ltd and Rockhopper Exploration Plc ...

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Rockhopper Exploration ( ($GB:RKH) ) has issued an update. Rockhopper Exploration has taken a final investment decision on ...

Argentina's Foreign Ministry on Thursday issued a vigorous rejection of a reported “Final Investment Decision” by British company Rockhopper Exploration Plc and Israel's Navitas Petroleum Development ...

The Orange Basin continues to draw global attention following large-scale discoveries offshore Namibia and revived traction ...

Phase 1 targets 170 million bbl at a peak production of about 50,000 b/d. First oil is currently planned for 2028.

Israel-listed Navitas Petroleum aims to take sanction the long-dormant Sea Lion project in the Falkland Islands in 2024, after slashing some $500 million off the development cost to first oil in 2027.

The decision and subsequent impact could enhance Argentina's continued claims of sovereignty over the islands.

HERZLIYA, Israel, June 13 (Reuters) - Israel's Navitas Petroleum plans to raise $130 million in bonds and then carry out an initial public offering (IPO) on the Tel Aviv Stock Exchange as it expands ...

Navitas Petroleum Limited Partnership recently announced its third quarter 2025 earnings, reporting a net loss of US$724,000 compared to US$3.32 million in the same period last year, with basic loss ...