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Evening Standard
Evening Standard
Business
Henry Saker-Clark

British firm defends Falklands oil extraction plans despite Milei threats

Oil Rockhopper Falklands Javier Milei Navitas Argentina Falkland Islands
Rockhopper exploration has defended its plans for an oil field after sanction threats from Argentina (Alamy/PA) -

A British-based oil exploration company has said it does not expect threats by the Argentinian government to have a “material effect” on its offshore oil project near the Falkland Islands.

London-listed Rockhopper saw its shares slide on Friday morning after Argentina’s president said he will sanction firms working off the coast of the territory.

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