Argentina
Wintershall inks deal with Gas y Petroleo del Neuquen The Basf oil and gas subsidiary Wintershall and the Argentina local company Gas y Petroleo del Neuquen (GyP) finalized their joint venture agreement by which the German company will take the operator role to develop shale gas in the Block Aquada Federal as part of the Vaca […]
Algeria aims to double oil & gas production in 10 years After a couple of years with no significant investments and the trauma of the In Amenas attack, the Algerian Government and its national oil and gas company (NOC) Sonatrach have decided to ramp up the oil and gas production in order to double it in the […]
Total and Wintershall proceed with Vega Pleyade The french major company, Total and its partners, Basf–Wintershall from Germany and the local Pan American Energy (PAE), are proceeding with the development of the world utmost southern Vega Pleyade project offshore Argentina. After years without investments to maintain oil and gas fields and explore new ones because […]
Total made final decision to develop Incahuasi gas field The French major company, Total and its partners, Gazprom from Russia and Tecpetrol de Bolivia (Tecpetrol), made the final investment decision (FID) to develop the gas and condensate discoveries from Incahuasi in Bolivia. In a country where the production of natural gas is historically dominated by […]
India Key Projects and Business Highlights As most of the emerging countries, India wanted to preserve its oil and gas resources access and related revenues to its national state owned and private oil companies Indian Oil Corporation (IOC), Gujarat State Petroleum Company (GSPC), Oil and Natural Gas Corporation (ONGC), Reliance Industries Ltd (RIL). As a consequence, in India as […]
Argentina Key Projects and Business Highlights Argentina is one these countries with oil and gas reserves among the largest in the world but have hard to stand self-sufficient in energy. Since 2007, the export tax scheme for oil and gas was conceived primarily to allocate the local production to the domestic market before exporting elsewhere. In doing […]
Chevron to build shale pilot in Neuquen Province The California-based super major Chevron Corporation (Chevron) and YPF from Argentina signed Heads of Agreement to spent $1.24 billion capital expenditure to explore and develop the shale oil and gas in the Vaca Muerta Basin within the Neuquen Province in Argentina. Chevron is operating in Argentina for many […]
GDF-Suez to build and operate Uruguay LNG Terminal Gas Sayago, the joint venture between the national oil company (NOC) Administracion Nacional de Combustibles, Alcohols y Portland (ANCAP) from Uruguay and the national power utility Administracion Nacional de Usinas y Trasmisiones Electricas (UTE), awarded its Montevideo liquefied natural Gas (LNG) receiver terminal project to energy group GDF-Suez […]
