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Argentina starts legal proceedings again UK and US drilling companies
Argentina has started legal proceedings against five British and American companies drilling for oil and gas in the Falkland Islands. Companies targeted in the dispute are Premier Oil, Falkland Oil and Gas, and Rockhopper, listed in the UK, and Noble Energy and Edison International in the US. In early April, Premier Oil and Falkland Oil announced they had found oil and gas at the first well in a nine-month programme. Since Britain defeated Argentina in war over the South Atlantic Islands, the 3,000-strong population voted overwhelmingly to remain under British rule in a 2013 referendum. Argentina claims it is rightful owner of the islands, which it calls Las Malvinas, in a claim dating back centuries to the Spanish colonial era, reports Reuters.
News Item details
Journal title: Petroleum Review
Countries: Argentina -
Subjects: Law and Legal practice, Energy policy
