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Sea Lion Oil Field Development

Sector: Oil and Gas • Location: Stanley, Falkland Islands

Source: Intelligent Living

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Awarded

The Sea Lion field is a deepwater oil development located approximately 220 kilometres north of the Falkland Islands in the North Falkland Basin. Discovered in 2010, the project involves multiple phases with a total of 64 wells and several floating production, storage, and offloading (FPSO) vessels. Phase 1 targets 170 million barrels with first oil planned for March 2028, aiming for peak producti

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The project “Sea Lion Oil Field Development” is an infrastructure initiative in the Oil and Gas sector, located in Stanley, Falkland Islands. Taiyo aggregates data on it from Intelligent Living.

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Description

Description

The Sea Lion field is a deepwater oil development located approximately 220 kilometres north of the Falkland Islands in the North Falkland Basin. Discovered in 2010, the project involves multiple phases with a total of 64 wells and several floating production, storage, and offloading (FPSO) vessels. Phase 1 targets 170 million barrels with first oil planned for March 2028, aiming for peak production of approximately 50,000 barrels per day. The project is expected to generate around £4 billion in revenue over 35 years.

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