Tag: Austral Basin

• Tuesday, July 9th 2024 - 21:34 UTC

  Argentina admits dry well off the coast of Buenos Aires province

  

  The Argentine government authorized the sale of three offshore blocks from the Austral basin, a day after Norway's Equinor and Shell Oil said they had not found a trace of oil in the well Argerikch drilled offshore Argentine province of Buenos Aires.

• Friday, November 9th 2018 - 07:29 UTC

  Argentina launches off-shore bidding in the Austral and Malvinas regions

  

  Argentina has launched its first offshore bidding round in nearly three decades. The country's energy secretariat published details regarding bidding terms and conditions for public bidding for exploration licenses.

• Thursday, January 25th 2018 - 09:42 UTC

  Enap Sipetrol acquires offshore block at the Austral basin, Santa Cruz province

  

  Chile's Enap Sipetrol has acquired an offshore block, Octans Pegaso, on the Argentine continental shelf off the coast of Patagonia province of Santa Cruz. The block covers 886 square kilometers and is 20kms off Santa Cruz coast at its closest point to land. It was purchased from the consortium made up of Total Austral (35%), Wintershall (35%) and ENI (30%).