MercoPress, en Español

Montevideo, March 21st 2019 - 13:51 UTC

Tag: Javier Iguacel

  • Thursday, December 6th 2018 - 09:32 UTC

    YPF and Malaysia's Petrona committed to invest US$ 2.3bn in Vaca Muerta

    The investment will be in La Amarga Chica, where the companies have been testing the shale oil potential since 2015 and have spent US$ 550 million in the process

    Argentina's state-run energy company YPF and Malaysia's Petronas agreed this week to invest US$ 2.3 billion in a shale oil project in Vaca Muerta, with a target of reaching 60,000 b/d of oil equivalent by 2022. The investment will be in La Amarga Chica, where the companies have been testing the shale oil potential since 2015 and have spent US$ 550 million to date in the process, YPF said in a statement.

  • Tuesday, September 25th 2018 - 08:37 UTC

    Argentina plans offshore licensing round in the South Atlantic next October

    This will be the first big exploration effort in Argentina since 1991, with only sporadic attempts since.

    Argentina plans to launch a delayed offshore licensing round in October as it seeks to explore a large frontier region in the South Atlantic for potential oil and natural gas production growth in the future. This was announced to oil executives in Houston by Argentina's energy secretary Javier Iguacel.