Thursday, August 6th 2026 - 08:18 UTC
Navitas Petroleum in well known in the South Atlantic where it has the Sea Lion project, a deep-water development in the north Falkland Basin
Navitas Petroleum has signed agreements to obtain a 33.33% interest in the Tiberius and Logan oil discoveries in the Gulf of America (Gulf of Mexico) from Occidental and Kosmos Energy, expanding its Gulf of America hydrocarbon portfolio.
Navitas Petroleum in well known in the South Atlantic where it has the Sea Lion project, a deep-water development in the north Falkland Basin, of which she is operator (65% stake) alongside Rockhopper Exploration, 35%. Once an FPSO vessel (Aoka Maru) is ready and located, the project targets first oil in March 2028
OffshoreEnergy, is reporting the company claims that this acquisition is aligned with its strategy of investing in discovered oil and gas resources with proven reserves and/or contingent resources that have the potential for relatively short development timelines.
