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Argentine court orders seizure of Falklands/Malvinas 'illegal' oil drillers' assets

2015-06-28 08:37:20| Oil & Gas - Topix.net

Argentina has ordered the seizure of assets belonging to foreign drilling companies operating in the vicinity of Falklands / Malvinas Islands, saying they have failed to obtain the necessary permissions from Buenos Aires to conduct exploration. A federal judge in Tierra del Fuego, Lilian Herraez, has ordered authorities to seize the assets of five companies drilling for oil in the Falklands worth $156 mn.

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