Eni SpA and Abu Dhabi National Oil Co PJSC’s international investment arm, XRG PJSC, have signed agreements to each acquire a 32 percent ownership in three blocks in Argentina’s Vaca Muerta gas shale. The South American country’s state-controlled YPF SA, which has assumed full ownership of the Aguada Villanueva, Las Tacanas and Meseta Buena Esperanza […]
Eni and XRG have each agreed to acquire a 32% interest in three upstream blocks in Argentina’s Vaca Muerta shale, joining operator YPF in advancing the integrated Argentina LNG project. The agreements cover the Meseta Buena Esperanza, Aguada Villanueva and Las Tacanas blocks. Upon completion, which remains subject to regulatory approvals, YPF will retain a 36% interest while Eni and XRG will […]
Pampa Energía has selected Halliburton to support a multi-year digital transformation initiative aimed at improving operational efficiency and supporting production growth across its unconventional assets in Argentina’s Vaca Muerta shale play.
African energy investors are increasingly looking beyond domestic upstream opportunities toward major oil, gas and infrastructure developments in South America, with Brazil’s pre-salt offshore sector and Argentina’s expanding LNG and pipeline network emerging as key targets for future capital deployment.
CoreMarine and Jumbo Offshore have been awarded a contract to transport, install and hook up floating LNG (FLNG) infrastructure offshore Argentina, supporting development of gas export capacity in the Golfo San Matías.
Argentina no longer faces a $16.1 billion court-ordered payment tied to the 2012 nationalization of state-owned oil company YPF.
President Javier Milei’s marquee program for luring investment into Argentina is poised to attract a new round of applications from crude producers after his administration broadened it to include shale oil wells. YPF SA, Vista Energy SAB, and Pampa Energia SA said on recent earnings calls that they were all eyeing the program. Known by […]
Shell may be considering leaving the Vaca Muerta shale play in Argentina, Reuters has reported, citing unnamed sources. Both a partial asset sale and a full exit are on the table, according to the report, with the deal or deals potentially fetching billions. The Vaca Muerta play is considered the second-largest shale oil and gas formation […]
Brazil, Guyana, and Argentina are set to be major drivers of non-OPEC oil supply growth in 2026, accounting for half of the expected 0.8 million barrels per day (b/d) increase in 2026 the U.S. Energy Information Administration has predicted. According to the energy watchdog, Brazil’s growth will mainly be driven by new offshore pre-salt projects coming […]
Colombia-based independent GeoPark has acquired the 100% operated working interest held by Pluspetrol in two blocks in the Vaca Muerta shale formation in Argentina for USD 115 million, GeoPark announced on Thursday.