Argentina News


Asian LNG Demand to Grow

Oct 22, 2018

Currently planned regasification capacity expansions in Asia will allow LNG demand to grow towards 2030, said energy consultent Rystad Energy.Total planned capacity additions is forecasted to reach 700 Mtpa by 2030 driven by expansions in China and India…

Wood Mac: Latin America to lead exploration in 2018

Jan 16, 2018

While a leaner and more selective exploration industry has emerged over the past two years, Wood Mackenzie expects Latin America to buck this global trend in 2018, with intense exploration activity expected in frontier basins in the Equatorial Margin…

ION offers up Argentine multi-client data before 2018 license round

Dec 06, 2017

Houston-headquartered geoscience firm ION Geophysical has launched a 2D multi-client data package for offshore Argentina, ahead of the country's 2018 license round.  ION has delivered a regional framework consisting of approximately 30…

Argentina 2D seismic program underway

Nov 17, 2017

Spectrum reported on 14 November that its multi-client 2D seismic survey covering the Austral and Malvinas basins offshore southern Argentina has commenced through the authorization of the Ministry of Energy and Minerals. The expected survey size is around 14…

Searcher begins Malvinas campaign off Argentina

Sep 19, 2017

Searcher Seismic has made its entry into Argentina with four new multiclient projects. Map of Searcher's four multiclient projects off Argentina. Map from Searcher. Beginning in phases…

Searcher Seismic enters Argentina

Sep 15, 2017

Searcher Seismic has announced entry into Argentina with four new multi-client projects. Commencing in phases, the first phase comprises of an Offshore Basin Analysis Report providing a regional framework to understand the offshore basins of Argentina…

Marathon renews Archer Braes contract, tests ComTrac

May 04, 2017

Marathon Oil has renewed a contract for work on its three Brae platforms in the North Sea with Aberdeen-based oilfield equipment firm Archer.   The contract for platform drilling, maintenance and engineering services was first signed in 1993…

First detailed deepwater Argentina seismic shoot

Apr 20, 2017

Geoscience firm Spectrum has started a 35,000km multi-client 2D seismic survey covering 435,000km offshore Argentina, in deepwater, in cooperation with YPF and with the authorization of the Ministry of Energy and Minerals.  This survey…

South American Spotlight

Mar 01, 2017

Old and new provinces continue to bring forth new activity in Latin America, from new finds in Guyana to the ongoing pre-salt programs in Brazil. Michael Borrel sets out the detail. Latin America has become increasingly attractive to both local and foreign investors…

Pacific E&P appoints new CEO

Jan 30, 2017

Pacific Exploration & Production Corp. has appointed Barry Larson as its new chief executive officer, effective 20 February 2017. Larson will be based at the company's operating headquarters in Bogotá, Colombia. Jim Latimer will continue…

DOF inks contract trio

Jan 05, 2017

DOF has been awarded three new contracts. The first contract, with Asco Marine Ltd., is a two-year firm contract, with options, for the vessel Skandi Aukra. The second contract, with Eni Norge, is a 13-month call-off, with minimum 60 days firm for the vessel Skandi Iceman…

Statoil, YPF in Argentina pact

Oct 28, 2016

Norwegian giant Statoil and Argentina’s state owned company YPF have entered a cooperation agreement to study the offshore areas of Argentina. Darre, Dodson. Image from YPF. YPF CEO Ricardo Darre…

Petrobras' August production tops 2.8MMbbl

Sep 13, 2016

Petrobras’ daily oil and natural gas production for the month of August totaled 2.84 MMboe, 2.72 MMboe of which was produced in Brazil and 0.12 MMboe was produced abroad. Brazil registered record oil and gas monthly production in August…

COSL inks double vessel Mexico gig

Aug 30, 2016

China Oilfield Services Ltd. (COSL) signed a rig and logistics integrated service contract with Mexico’s Hokchi Energy S.A de C.V. as part of the country’s energy reform. The COSLHunter, from COSL…

Ex-BHP CFO named new Cobalt CFO

Jul 07, 2016

Houston-based Cobalt International Energy has recruited a second former former BHP Billiton employee this year, with the appointment of David D. Powell as its new chief financial officer (CFO) and executive vice president. Powell…

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