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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

Green Energy
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 place.

The post Sea Lion runs into setback as financing delays Falkland Islands’ $1.4B oil project appeared first on Offshore Energy.

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