Sea Lion Project

Rockhopper shares fall after Malvinas oil drilling announcement.

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Shares of British oil company Rockhopper Exploration experienced a significant decline of 23% on Monday following the firm’s confirmation of its involvement and timeline in the Sea Lion offshore project, situated in the Malvinas Islands basin. The stock price experienced a 29% decline over the past month, influenced by trade sanctions imposed by Argentina, which … Read more

Blue Dollar Updates

Vaca Muerta Makes Oil Firms Rethink ‘Sea Lion’

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President Javier Milei’s decision to tighten sanctions against foreign companies operating in the Sea Lion exploration project around the Malvinas Islands has prompted a response from several international oil companies regarding the matter. In recent days, SLB (formerly known as Schlumberger), Halliburton, and Baker Hughes have declared their intention not to engage in the Sea … Read more

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