Argentina News


Qatar Petroleum Wins Exploration Rights Off Argentina

Apr 16, 2019

Qatar Petroleum has won exploration rights in five offshore blocks in Argentina as part of two consortia, the company said in a statement on its website.The consortium for three blocks in the Malvinas West basin is made up of an ExxonMobil affiliate with a 70 percent interest…

Wintershall Dials In On Brazil Offshore

Mar 21, 2019

BASF's oil and gas subsidiary Wintershall on Thursday said it would build up its presence in the Brazilian offshore oil sector this year where it won exploration licences in 2018.'It is part of our growth course that we are also active in new regions…

Spectrum Begins Seismic Survey in Argentina

Feb 22, 2019

The global seismic survey provider Spectrum, in cooperation with BGP, has started a 20,000-km (12,427-mi) 2D survey in the Colorado and Salado basin offshore Argentina.The 2D seismic survey launched to acquire data for future licensing rounds off South American country…

Halliburton Profit Beats on International Demand

Jan 22, 2019

Halliburton Co beat Wall Street estimates for quarterly profit on Tuesday, as higher demand for its oilfield services in international markets offset a slowdown in North America.Clients in North America, Halliburton's biggest market by revenue…

Tango FLNG En Route to Argentina

Dec 27, 2018

Belgium based EXMAR announced Thursday that its floating liquefied natural gas (FLNG) facility has left China for a 45-day voyage to the destination of its liquefaction operations at the Port of Bahia Blanca in Argentina.The barge-based Tango…

Oil Surges 5 Percent

Dec 03, 2018

Oil prices jumped by more than 5 percent on Monday after the United States and China agreed to a 90-day truce in a trade dispute, and ahead of a meeting this week of the producer club OPEC that is expected to cut supply.U.S. light crude oil rose $2…

Argentina to Export First LNG in 2019

Nov 21, 2018

Argentina is due to begin exports of liquefied natural gas from a part of its vast Vaca Muerta shale gas resource next year through a floating LNG liquefaction (FLNG) vessel provided by Exmar, the Belgian shipping company said on Wednesday.The operations…

Equinor Plans More International Wells

Nov 20, 2018

Norwegian oil and gas firm Equinor plans to drill more exploration wells internationally and more onshore wells in 2019 compared to this year, the company's head of exploration said on Tuesday.'In general, there will be more international activity…

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…

Current News

New Grid-Scale Offshore Wind-Solar Project Planned for Italy

Wind of Change for Shetland Oil Hub, but Who Will Benefit?

US Offshore Wind: Down but Not Out

Quick Connect: OAL Subsea Pipeline Completed

Subscribe for OE Digital E‑News