Talks continue on Falklands Sea Lion contract models

Rockhopper says engagement is progressing with drilling and logistics service providers for the Premier-operated Sea Lion development north of the Falkland Islands.

Sep 14th, 2016

Offshore staff

LONDONRockhopper says engagement is progressing with drilling and logistics service providers for the Premier-operated Sea Lion development north of the Falkland Islands.

A range of innovative commercial and contractual arrangements are under discussion. Tender packages for these services will likely be prepared by year-end.

The partners are targeting further cost savings as front-end engineering and design continues.

Recently, the Secretary of State for the Falkland Islands government granted an extension of the license for the Sea Lion Discovery Area to April 2020.

09/14/2016

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