Argentina
News
February 19, 2021
YPF is aiming for capital expenditures this year of $2.7 billion, as it tries to halt four years of production declines. After the coronavirus pandemic decimated revenue and the debt swap yielded limited results, getting there will require increasing fuel prices, cutting drilling costs, selling local debt, and maybe divesting assets.
News
February 03, 2021
Creditors of Argentina’s state-run oil company, YPF SA, are sending mixed signals as one group of bondholders rejected the company’s latest debt restructuring plan while another voiced support.
News
January 14, 2021
The CAN 100 block comprises an area of 15,000 km² and is the largest block in the North Argentinian Basin.
News
November 18, 2020
TGS will mobilize the COSL vessel HYSY720 to commence acquisition of the Espirito Santo 3D survey by year-end.
News
October 23, 2020
Energy Secretary Dario Martinez said spending on subsidies is still better than the alternative of buying LNG cargoes, despite low current prices. “We’ve done the analysis and we really benefit from doing this,” Martinez told reporters in Buenos Aires Wednesday.
News
November 11, 2019
Investments had been picking up in Vaca Muerta, a Maryland-sized shale formation in Patagonia that could turn the troubled nation into a global energy provider. But that was before leftist Alberto Fernandez won the presidential election last month.
News
October 30, 2019
The Malvinas 3D survey will cover approximately 7,300 km² of the highly prospective Malvinas Basin, which saw spirited interest during Argentina Round 1 earlier this year.
News
October 28, 2019
Some industry observers think Fernandez may provide drillers with a capital-controls loophole, which is what Kirchner did in 2013 to lure Chevron to Vaca Muerta.
News
September 25, 2019
United States Ambassador to Argentina Edward Prado welcomed PESA to his residence in Buenos Aires to kick off the creation of the PESA Latin America Regional District, Argentina Chapter on Tuesday, September 24.
News
September 04, 2019
“The LNG terminal will be a machine for bringing in dollars,” said Sebastian Mocorrea, YPF’s executive vice president for corporate affairs. “Nobody in their right mind would meddle with it.”
News
August 21, 2019
The preliminary agreement sets the core terms and conditions for YPF’s transfer of 50% of its share in the CAN 100 offshore block, and will enable both companies to expand their alliance and move forward with the exploration process in the Argentinian offshore.
News
July 26, 2019
YPF announced today that a preliminary agreement was reached with Excelerate Energy for the charter of an LNG carrier, which will export Argentina’s excess LNG to the global natural gas market.
News
July 25, 2019
The Aguada Federal and Bandurria Norte blocks to be jointly developed hold significant unconventional oil and natural gas resources in the prospective Vaca Muerta shale formation.
News
July 19, 2019
McDermott to provide Pre-FEED services to YPF for a five MTPA liquefication facility project at Vaca Muerta LNG in Argentina
News
July 12, 2019
Argentina’s domestic natural gas production has been rising steadily in the past three years, largely because of increasing production from the Neuquén basin’s Vaca Muerta shale and tight gas play.
News
June 25, 2019
Along the western edge of Argentina’s Patagonia, on an arid steppe nestled against the Andes mountains, lies a shale formation known as Vaca Muerta.
News
June 11, 2019
Exxon Mobil is proceeding with a long-term oil development in Argentina’s Bajo del Choique-La Invernada block.
News
May 20, 2019
The Argentinian authorities officially awarded the exploration license of offshore block MLO 124 to an Eni-led consortium.
News
May 13, 2019
Cubility AS, a leading provider of solids control solutions that improve efficiencies, solids control and HSE around drilling operations, has announced an exclusive partnership with Argentinian solids control specialists Polyar SA to market, sell and support its MudCube solution across Argentina.
News
May 09, 2019
Expertise in unconventionals is growing by leaps and bounds in Argentina, and operators are also taking a hard look at the country’s offshore potential.
News
May 05, 2019
Change of leadership at Wintershall Energía (soon to be Wintershall Dea Argentina): Manfred Böckmann took over the position of managing director in Argentina as of May 1, 2019.
