Rockhopper Exploration has announced that, further to the heads of terms notified on 8 December 2021, Rockhopper, Harbour Energy and Navitas Petroleum have signed legally binding definitive documentation in relation to Harbour exiting and Navitas entering the North Falkland Basin.
Under the Energy Charter Treaty, investors can sue governments for loss of future profits. Champions say this will be an ‘indispensable tool’ for the green transition.