The machinery of British hydrocarbon plunder in the maritime areas surrounding the Malvina Islands has taken a qualitative leap towards large-scale industrialization. British oil company Rockhopper Exploration plc issued an official statement to the London Stock Exchange (AIM) on Monday confirming that Israeli operator Navitas Petroleum formally exercised its option to purchase a second floating production, storage, and offloading (FPSO) platform: the OSX-1 , a megastructure acquired for $125 million .

The incorporation of this second factory ship has the central objective of accelerating and expanding the development of the Sea Lion field in the illegal North Malvina Basin (NFB), moving from the initial phase to the so-called Central Development Area (CDA), which projects an increase in extraction capacity of 125,000 additional barrels of crude oil per day (of which 43,750 barrels per day will correspond net to the British Rockhopper).
The clandestine oil roadmap: 38 wells and two stages
The master plan detailed by the illegitimate companies to international investors consolidates an aggressive timeline that openly defies the sanctions regime of the Argentine Republic:
EXPLOITATION SCHEDULE IN THE Malvina ISLANDS (SEA LION)
│ • 2026 (Present): Dock and coastal base upgrades on the islands. │
│ • September 2026: Arrival of the Aoka Mizu FPSO at the shipyard in Southeast Asia │
│ • Early 2027: Arrival of the Malvinas drilling platform. │
│ • First Quarter 2028: "First Oil" of Phase 1 of the Northern Area (NDA) . │
│ • First Semester 2028: Final Investment Decision ( FID ) for the OSX-1 FPSO │
│ • End of 2030: Start of production in the Central Area (CDA / 38 wells) . │
1. Phase 1 (Northern Development Area - NDA): Remains on track with the planned date for extracting the first barrel of commercial oil ( "First Oil" ) in the first quarter of 2028. Current work in the Malvina Islands is focused on preparing the pier, establishing coastal logistics bases, and constructing accommodation camps on the archipelago in anticipation of the offshore drilling platform's arrival in early 2027. Meanwhile, the first assigned production vessel, the FPSO Aoka Mizu , has already been detached from its previous location and is en route to a Southeast Asian shipyard for refurbishment.
2. Accelerated Phase (Central Development Area - CDA): This phase involves the deployment of the newly acquired FPSO OSX-1 with the drilling of 38 offshore oil wells (20 wells in the first stage and 18 in the second). Navitas plans to submit the formal Development Plan to the illegitimate colonial government of the islands to obtain the Final Investment Decision (FID) in 2028 and begin pumping crude oil by the end of 2030 .
Financial fever in London and a multi-million pound business
The corporate financial report included an independent update of reserves and cash flows prepared by the international consulting firm Netherland, Sewell & Associates Inc. (NSAI). With a projected long-term benchmark price of $76 per barrel of Brent crude , the report determined that net discounted cash flow attributable to the operator Navitas grew by 39% .
To finance its 35% stake in the purchase of the OSX-1 vessel and cover engineering costs prior to 2028, Rockhopper announced a voluntary pause in trading on the London Stock Exchange ( Capital Access Period ) to launch a new common share offering and a public offering to raise capital from British and international investment funds. Rockhopper's board of directors anticipated that its own net present value (NPV10) free of taxes will climb substantially above its current base estimate of $2.2 billion .
The underlying illegality of the Solanas Law
Both Rockhopper Exploration and Navitas Petroleum operate under illegitimate licenses granted by the British colonial administration of occupation, in open violation of UN General Assembly resolutions (especially Resolution 31/49 which prohibits unilateral acts of innovation in the disputed area).
Under Argentine law, all corporations, shipowners, logistics providers and financial entities that assist or participate directly or indirectly in the Sea Lion project are subject to the civil, administrative and criminal sanctions of National Law No. 26,659 (Solanas Law) , which prohibits companies involved in activities not authorized by the national State from operating, contracting or owning concessions on the Argentine continental shelf.
While oil companies accelerate financial engineering and incorporate transoceanic floating platforms to drain the wealth of the Argentine southern shelf starting in 2028, the advances in Sea Lion confirm that control of the energy resources of the Southwest Atlantic remains the true engine of the usurpation and the British colonial enclave.