Posts Tagged ‘Argentina’

Wintershall farm-in agreement to explore Argentina Vaca Muerta

Wintershall inks deal with Gas y Petroleo del Neuquen The Basf oil and gas subsidiary Wintershall and the Argentina local company Gas y Petroleo del Neuquen (GyP) finalized their joint venture agreement by which the German company will take the operator role to develop shale gas in the Block Aquada Federal […]

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One Day – One Country: Algeria

Algeria aims to double oil & gas production in 10 years After a couple of years with no significant investments and the trauma of the In Amenas  attack, the Algerian Government and its national oil and gas company (NOC) Sonatrach have decided to ramp up the oil and gas production in order […]

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Argentina encourages companies to develop offshore gas fields

Total and Wintershall proceed with Vega Pleyade The french major company, Total and its partners, Basf–Wintershall from Germany and the local Pan American Energy (PAE), are proceeding with the development of the world utmost southern Vega Pleyade project offshore Argentina. After years without investments to maintain oil and gas fields […]

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Total, Gazprom and Tecpetrol to monetize Bolivia gas discoveries

Total made final decision to develop Incahuasi gas field The French major company, Total and its partners, Gazprom from Russia and Tecpetrol de Bolivia (Tecpetrol), made the final investment decision (FID) to develop the gas and condensate discoveries from Incahuasi in Bolivia. In a country where the production of natural […]

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One Day – One Country: India

India Key Projects and Business Highlights As most of the emerging countries, India wanted to preserve its oil and gas resources access and related revenues to its national state owned and private oil companies Indian Oil Corporation (IOC), Gujarat State Petroleum Company (GSPC), Oil and Natural Gas Corporation (ONGC), Reliance Industries Ltd (RIL). As […]

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One Day – One Country: Argentina

Argentina Key Projects and Business Highlights Argentina is one these countries with oil and gas reserves among the largest in the world but have hard to stand self-sufficient in energy. Since 2007, the export tax scheme for oil and gas was conceived primarily to allocate the local production to the domestic market […]

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Chevron and YPF closed deal to come back on Argentina Vaca Muerta

Chevron to build shale pilot in Neuquen Province  The California-based super major Chevron Corporation (Chevron) and YPF from Argentina signed Heads of Agreement to spent $1.24 billion capital expenditure to explore and develop the shale oil and gas in the Vaca  Muerta Basin within the Neuquen Province in Argentina. Chevron is […]

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Uruguay to go on his own with Montevideo LNG Regas Terminal

GDF-Suez to build and operate Uruguay LNG Terminal Gas Sayago, the joint venture between the  national oil company (NOC) Administracion Nacional de Combustibles, Alcohols y Portland (ANCAP) from Uruguay and the national power utility Administracion Nacional de Usinas y Trasmisiones Electricas (UTE), awarded its Montevideo liquefied natural Gas (LNG) receiver terminal […]

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Dow Chemical to invest upstream to secure gas supply

Dow to pioneer Argentina first shale gas pilot project The Dow Chemical Company (Dow) from USA and the Argentina national oil company YPF  signed a memorandum of understanding (MOU) to develop shale gas in the giant deposit of the Vaca Muerta in the eastern Province of   Neuquen. For Dow, […]

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CNOOC in brief

China National Offshore Oil Corporation The China National Offshore Oil Corporation (CNOOC) is the Chinese third largest oil and gas company in China after PetroChina (CNPC) and Sinopec. Based in Hong Kong, CNOOC was established in 1999 to develop the offshore resources in complement of PetroChina focusing on the onshore […]

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