Halliburton says it will not work on Sea Lion project near Argentina’s Malvinas Islands
HAL•Halliburton ruled out work on the Sea Lion project near the Malvinas Islands and said it does not participate in hydrocarbon exploration or production there. Argentina’s federal authority raised potential criminal and civil enforcement issues tied to existing rules, proposed legislation and right-to-contract certification requirements.
1. Halliburton rules out work
Halliburton said it would not work on the Sea Lion project near the Malvinas Islands after inquiries from Argentina’s federal authority. It also said it does not participate in hydrocarbon exploration or production activities in or around the islands; the authority raised potential criminal and civil enforcement issues tied to existing rules, proposed legislation and right-to-contract certification requirements.
