Halliburton rules out Sea Lion after Argentina raised criminal and civil enforcement
Halliburton confirmed that neither it nor its subsidiaries will work on the Sea Lion project or take part in hydrocarbon exploration or production in or around the Falklands. The company made the statement after Argentine authorities raised the prospect of criminal and civil enforcement.
Illustrative image: The Falkland Islands Memorial Chapel The Falkland Islands Memorial Chapel at Pangbourne College has been built to commemorate the lives and sacrifice of all those who died in the South Atlantic in 1982 - to stand as a permanent and living memorial to remember them - and the courage of the thousands of Servicemen and women who served with them to protect the sovereignty of the Falkland Islands. ( http://www.falklands-chapel.org.uk/about.php ) — andy dolman/Wikimedia Commons, CC BY-SA 2.0
Scores are based on the cited reporting and use a 1–10 scale. Read the methodology.
Confidence
5/10How certain the assessment is based on the clarity and evidence in the cited reporting.
Geographic reach
6/10How widely the event reaches, from a local area (1) to worldwide impact (10).
Global importance
3/10The event's broader significance, from limited importance (1) to major global importance (10).
Impact magnitude
4/10The scale or severity of the real-world impact, from minor (1) to extreme (10).
Positivity
2/10How harmful or beneficial the event is, from strongly harmful (1) to strongly positive (10).
Urgency
3/10How time-sensitive the event is, from low urgency (1) to immediate attention needed (10).
Why it matters
A major oilfield services contractor withdrawing from the project signals a significant commercial and legal development for the Sea Lion hydrocarbon project.
