Halliburton rules out Sea Lion after Argentina raised criminal and civil enforcement
US oilfield services company Halliburton confirmed on Friday that neither it nor its subsidiaries will work on the Sea Lion project or take part in hydrocarbon exploration or production in or around the Falklands, after Argentine authorities raised the prospect of criminal and civil enforcement.
Halliburton, a US oilfield services company, announced on Friday that it and its subsidiaries will not participate in the Sea Lion project or any hydrocarbon exploration or production in or around the Falkland Islands. The decision comes after Argentine authorities raised the possibility of criminal and civil enforcement. Halliburton, along with its Argentine subsidiaries, made the same announcement in early September.
The Sea Lion project, situated approximately 220 kilometers north of the archipelago, is being developed by Israel's Navitas and Britain's Rockhopper under local government licenses, with drilling set to commence in early 2027. Argentina has initiated 60 administrative proceedings and three criminal complaints against ten companies, with none of the allegations proven.
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