Eni, YPF's partner offshore Uruguay, will drill with APA Corporation the first exploration well in Uruguayan waters since 2016
Uruguay Offshore

Eni and APA to drill Uruguay's first offshore well in more than a decade, a test for YPF's neighboring block

The OFF-6 well is scheduled to start in the fourth quarter of 2027 with the Noble BlackHawk and will take 50 days to drill. APA will retain 60% and operatorship, while Eni, with 40%, will fund most of the well. The Italian company also operates OFF-5, which it shares equally with YPF, and the well will be the first test of the petroleum system both blocks depend on

Lucía Martínez

Daniel Marx, chairman of Edenor, during the panel on the deregulation of the electricity sector at the Fórum Nacional de Energía
Power

Edenor’s Daniel Marx: Tariffs Are Again Funding Expansion Plans, and Distributed Generation Will Shift the Balance Between Capacity and Energy

The chairman of the country’s largest power distributor told LIDE Argentina’s Fórum Nacional de Energía that regulation must resolve how energy is allocated among distributors and how costs are passed through to tariffs. Edenor is studying how distributed generation and storage will change its relationship with large users

María Constanza Del Monte

Belgrano Cargas Privatization

Argentina moves Belgrano Cargas bid opening to Dec. 21 and will let two financial partners back each consortium

Circular 3, which the Ministry of Economy added to the tender documents, adds 40 days to the schedule for the Belgrano, San Martín and Urquiza lines, reopens queries until Dec. 3 and changes how bidders prove net worth, experience and financial statements. The new rules weigh on how the groups eyeing the business, including those linked to mining, put their consortia together

Vaca Muerta Shale Play

Insights, data, and analysis from Latin America’s world-class game changer

Bare and Vaca Muerta

GeoPark Completes Venezuela Entry as Grupo Gilinski Takes Shareholder Control

The 25-year contract for the Bare Block has taken effect, and the company has completed the purchase of the remaining 95% of the vehicle that holds it, paid entirely in shares. The Orinoco Belt operation adds a third investment front to Colombia and Neuquén, where the Argentine subsidiary will guarantee the 2033 bond announced in October, whose planned use of proceeds includes 18 months of investment in Vaca Muerta

Martin Oliver

TGS’s General Cerri Complex, in the town of General Daniel Cerri, about 10 km from Bahía Blanca, province of Buenos Aires
Third-quarter results

TGS: liquids now generate the same operating income as gas transportation, and the company nearly tripled the funds it allocates to investment

Operating income from the liquids business rose 21% and is now practically on par with that of regulated transportation. The gas transporter applied ARS 471,077 million to investing activities, took on US$221 million in debt, and has already contracted 96% of the capacity of its liquids project in Vaca Muerta. It posted a profit of ARS 110,505 million for the quarter

Lucía Martínez


More News on Shale24

The block covers 78 square kilometers and is located in the Pehuenches Department of Neuquén, in the northern portion of the Neuquén Basin.
E&P INVESTMENT

Tecpetrol's Los Toldos II Este Secures RIGI Approval With 380-Well Plan Through 2054

Economy Ministry Resolution 1771/2026 formally admits the Tecpetrol–GyP joint venture, breaks down the $6.43 billion plan, sets Aug. 31, 2027 as the deadline for minimum investment and allows the venture to offer processing and transport services to third parties. The project also cleared a new Foreign Ministry screening tied to the Falklands (Malvinas)