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.
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.
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