Halliburton rules out Sea Lion after Argentina raised criminal and civil enforcement

AI Summary

Halliburton said it and its subsidiaries will not participate in the Sea Lion oil project or other hydrocarbon activity around the Falkland Islands. The company cited the prospect of criminal and civil enforcement raised by Argentine authorities.

US oilfield services company Halliburton confirmed on Friday that neither it nor its subsidiaries will work on the Sea Lion project or take part in hydrocarbon exploration or production in or around the Falklands, after Argentine authorities raised the prospect of criminal and civil enforcement.