President Javier Milei gave the UK a two week deadline to stop the exploitation of the Sea Lion field—estimated at 1.7 billion barrels of oil—before Argentina seeks provisional measures from the International Tribunal for the Law of the Sea. While Buenos Aires has also launched sanctions proceedings against 60 companies and individuals, project lead Rockhopper Exploration maintains its goal to reach first oil by 2028.
Wednesday, October 21, 2026
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Halliburton Refuses Work on Sea Lion Oil Project in Falklands
Geopolitics19 days ago
The US oil services giant told the government in Buenos Aires it will not provide services for the Sea Lion project or participate in any hydrocarbon exploration around the Falkland Islands. Halliburton's decision on Friday follows an escalation of political and legal pressure from Argentina against the British-led energy development in the disputed territory.
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