Harbour Energy faces Argentina sanctions over Falklands oil project

Harbour Energy faces Argentina sanctions over Falklands oil project

Harbour Energy is facing sanctions from Argentina over an oil and gas project in contested waters off the Falklands.

Earlier this week the country’s energy secretary Dario Martinez told reporters that a sanctions process has been launched against Harbour Energy, along with subsidiary Chrysaor Holdings and Navitas Petroleum of Israel.

Harbour Energy, one of the largest producing firms in the UK and headquartered in Aberdeen, is developing the Sea Lion project in the Falklands.