“As political and policy volatility becomes a feature of the operating landscape, even private companies with a high risk appetite could be facing binding constraints when seeking to invest in Vaca Muerta and offshore plays,” the analyst said.
Molecular said Argentina is “economically and politically volatile and unstable and has degraded materially” since it invested.
Petronas has signed a concession for the first unconventional oil concession in the Middle East, during a high-level visit.
TotalEnergies and its partners have has approved the final investment decision (FID) for the Fenix gas development, around 37 miles off the coast of Tierra del Fuego in southern Argentina.
Argentina is taking preliminary steps to tap its potential for exporting liquefied natural gas (LNG) with Malaysia’s Petronas, President Alberto Fernandez announced Thursday.
Developing LNG projects is traditionally seen as a big-ticket item, reserved for the few. Costs are high and equipment specialised, making the resource out of reach for most smaller scale operators – despite the advantages it offers.
Westwood Global Energy Group expects rig demand to increase around the world but with no rapid increase in dayrates.
Oilfield services group Archer reported a strong final quarter of 2021, but will scrap 15 rigs in Argentina amid an ongoing ‘challenging’ environment.
Harbour Energy is facing sanctions from Argentina over an oil and gas project in contested waters off the Falklands.
BHP Group says it’s getting rid of thermal coal mines to help prepare for a lower-emissions future, yet the company’s still counting on fossil fuels to drive its business for another decade.
Weatherford has won a two-year, $15m contract with a major independent operator in Argentina.
Archer has won a £155 million land drilling contract with Argentina's YPF.
The US’ Foreign Corrupt Practices Act (FCPA) is the benchmark for anti-corruption efforts around the world but the ways in which it is being used are changing, as various countries work on their own efforts.
Equinor and YPF have signed an agreement to jointly explore the CAN 100 offshore block, located in the North Argentinian Basin.
Vista Oil & Gas has raised US$107 million in a primary public share offering aimed at funding shale drilling work in Argentina, where it has set ambitious targets.
A business which has pioneered technology for producing LNG without the need for pipelines has delivered its first shipment in the US.
ExxonMobil is moving forward with a major effort to develop at least 90 wells in Argentina's onshore shale.
The commissioning of Exmar’s Tango floating LNG (FLNG) vessel on June 6 marked the first stage in Argentina’s emergence as a global gas exporter.
Norwegian energy giant Equinor has added seven offshore exploration blocks to its portfolio after presenting winning bids in the first Offshore licensing round in Argentina.
Energy giant Equinor said today that it had bought 50% of a planned Argentine solar farm capable of powering 80,000 homes.
London-headquartered Echo Energy has started drilling a third exploration well in a back-to-back campaign of four wells in Argentina.
South-America-focused Echo Energy said today that its new well in Argentina had strengthened the commercial case for a field development.
Qatar Petroleum will become a 30% equity holder in two ExxonMobil affiliates which hold shale assets onshore Argentina.
Echo Energy has started drilling the second of four exploration wells on the Laguna de Los Capones asset in Argentina
Shares in Echo Energy took a dive this morning after the South American oil explorer said it had issued 71.2 million shares.