YPF
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 […]
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 […]
Dow to pioneer Argentina first shale gas pilot project The Dow Chemical Company (Dow) from USA and the Argentina national oil company YPF signed a memorandum of understanding (MOU) to develop shale gas in the giant deposit of the Vaca Muerta in the eastern Province of Neuquen. For Dow, the control of the natural […]
YPF and Bridas signed $1.5 billion deal in Vaca Muerta As a result of the new oil export tax system, the national oil company YPF and Bridas Corporation (Bridas) signed a Farm-in agreement to explore and develop 663 square kilometers of oil shale fields in the Loma la Lata and Loma la Campana of the […]
Schlumberger and Baker Hugues to lead exploration When Repsol-YPF discovered in 2011 the potential reserves of the Vaca Muerta in tight oil and Los Toldos and Totoral permits, it sent the signal to all the 50 companies having licenses in Argentina to drill more and to take their chance at the benefits of Schlumberger and Baker […]
To Find Oil, You Have to Drill Established in 1926, Schlumberger Limited (Schlumberger) has become since that time the world market leader of the oilfield services with more than 115,000 employees working in approximately 85 countries, listed in New York, Paris, London, Amsterdam and Switzerland Stock Exchanges. Based in Houston, Texas, USA, Schlumberger provides oil and […]
