IN BRIEF: Rockhopper celebrates chance of Sea Lion production boost
20th May 2026 11:52
Rockhopper Exploration PLC - Salisbury, England-based oil and gas miner with key interests in the North Falkland Basin - Says that Navitas Petroleum LP, the operator of the Sea Lion project offshore the Falkland Islands, is changing the location for upgrades of the Aoka Mizu floating production storage & offloading (FPSO) vessel from the Middle East to Asia due to the conflict in Iran, which will add about USD45 million to the current development budget and increase Rockhopper's equity costs by net USD5.3 million. Company remains funded for phase 1 of Sea Lion works. Read More