UK-based oil and gas exploration and production company Rockhopper Exploration has signed a share purchase agreement (SPA) with India’s Zodiac Energy to dispose of its two Italian assets and put in place an insurance policy as it awaits the resolution of a dispute with Italy over a third one. Additionally, the company has won extensions of its production licenses in the Falkland Islands.

Italy Serra San Bernado Sea Lion Rockhopper Exploration Zodiac Energy Falkland Islands Ombrina Mare International Centre Settlement of Investment Disputes Energy Charter Treaty Government Against Rockhopper Civita Monte Grosso Rockhopper Rockhopper Samuel Moody