Bank appointed to draw backing for offshore Falklands project

Rockhopper Exploration says Standard Chartered Bank will serve as Pathfinder Bank for the proposed senior debt project financing of the Premier Oil-operated Phase 1 development of the Sea Lion project offshore the Falkland Islands.

Offshore staff

LONDON – Rockhopper Exploration says Standard Chartered Bank will serve as Pathfinder Bank for the proposed senior debt project financing of the Premier Oil-operated Phase 1 development of the Sea Lion project offshore the Falkland Islands.

Rockhopper CEO Sam Moody said: “This appointment marks another step for the Sea Lion project as we work towards securing the necessary funding to allow project sanction.

“Standard Chartered is a leader in the field of energy project financing and has played a significant role in a number of bank and export credit agency led financings in recent years.”

07/05/2018

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