Pampa Energía - Shale24

Southern Energy will receive the first pipe for its dedicated export gas line in August, CEO Rodolfo Freyre said, dating the start of construction.

Shale24-Santander Energy Summit

Southern Energy Sets August Pipeline Start as Argentina Nears First LNG Exports

At the Shale24-Santander Energy Summit, CEO Rodolfo Freyre dated the start of construction on the 471-km dedicated pipeline and walked through the engineering still standing between the project and its first export cargo: a mooring system being built in Europe and anchored at 40 meters, a logistics base that does not yet exist at the Río Negro port, and a dedicated line that required project finance.

Halliburton secured an exclusive five-year contract with YPF to add four electric fracturing fleets.

First Four Months Data

Five Contractors Now Own Every Fracking Stage in Vaca Muerta as Halliburton Locks in 45% Share

Halliburton, SLB, Tenaris, Calfrac and SPI split the 9,714 stages completed between January and April. SPI, the in-house unit Pluspetrol built on Weatherford Argentina's former assets, debuted as the fifth player; YPF locked Halliburton in with an exclusive five-year electric fracturing contract.

The Board itself framed Podskubka's appointment as "the culmination of a long-term leadership planning process"

National Industry

Tenaris Hands CEO Role to Gabriel Podskubka as Paolo Rocca Retains Chairmanship After 24 Years

The board appointed the Argentine engineer, who joined the Campana mill in 1995 and had served as COO since 2023. Rocca keeps strategic control as chairman of the company and president of the Techint Group. The transition was announced on the same day Q1 2026 results showed sales of $3.1 billion and a $3.8 billion net cash position.

With over 60% of the work completed, the VMOS pipeline is growing steadily on each of its construction fronts.

Midstream

Second Punta Colorada Dome Clears VMOS's Operational Threshold for December First Cargo

Completion of the TK401 roof brings the consortium in line with the technical floor that the official schedule set for the first vessel to sail in December: two operational tanks at the terminal and one mooring buoy. With the pipeline more than 60% complete, what remains has a date.

Sicim SpA was founded in 1962 in Busseto, in northern Italy, by the Riccardi family.

Midstream

San Matías Pipeline Awards $1.3 Billion EPC Contracts for Argentina's First LNG Export Pipeline

A Sicim–Víctor Contreras joint venture won the 471-km Tratayén–Golfo San Matías line, while Neuquén-based OPS will build the intermediate compressor station for the Southern Energy LNG project

Belgrano (pictured), in Campana, and San Martín (TSM), in Timbúes, add up to around 1,650 net megawatts of combined cycle power and supply 2 corridors

u$s 2 billion expected

Argentina Adds Belgrano and San Martín Thermal Plants to ENARSA Privatization Package, Closing 22-Year FONINVEMEM Cycle

An income tax exemption written into the 2026 Budget Law unlocked the liquidation of the trusts that built the two combined-cycle units, which together total roughly 1,650 megawatts. The government targets $2 billion in privatization proceeds by year-end.

Fénix. Harbour holds a 37.5% stake, in partnership with TotalEnergies Austral (37.5%, operator) and Pan American Energy (25%). It contributed 52 kboep

Oil & Gas

Harbour Energy Names Argentina a Core Country, Targets Late-2026 San Roque Shale Oil Pilot

Harbour's April Investor Meet, signed by CEO Linda Z. Cook, formalizes Argentina alongside Norway, the U.K., the U.S. and Mexico as one of five jurisdictions accounting for nearly 90% of a portfolio targeting 475,000 to 500,000 boe/d in 2026 after the $3.2 billion LLOG acquisition

The FSRU Höegh Esperanza in Wilhelmshaven injects up to 5 billion m³ annually into Germany's gas system: approximately 6% of total demand.

LNG MARKETS

SEFE seeks up to $2.35 billion in fresh capital, opening privatization of Argentine LNG's first European buyer

The German utility that signed the first long-term offtake contract for Argentine LNG has asked Berlin to approve a capital increase of as much as €2 billion — the first formal step in an ownership dilution mandated by the European Commission

In the San Matías Gulf, CoreMarine engineers are already working on the plans for the system that will anchor the 2 FLNG units.

LNG Markets

CoreMarine and Jumbo Offshore Win Southern Energy's FLNG Mooring Contract — First Soft Yoke Application in Argentine Waters

The Norwegian and Dutch specialists will transport, install, and connect the soft yoke (SSY) mooring systems for the Hilli Episeyo and MKII FLNG vessels in Argentina's Golfo San Matías in Río Negro province. Combined capacity of 5.95 MTPA is scheduled to reach the Atlantic market in 2027 and 2028.

From 2 wells to 28 in one year: how Rincón de Aranda transformed Pampa Energía into an integrated oil company

Oil & Gas

Rincón de Aranda Gives Pampa Energía a New Identity: Crude Output Up 4.5x, Proved Reserves Jump 28%

A $1.5 billion commitment to a single Vaca Muerta block and a new self-supply gas model have turned Argentina's largest power generator into an integrated oil producer — a transformation now documented in the company's annual SEC filing.

The wind farm that generated the most electricity in January-February 2026 was the Mataco 3 Picos Wind Farm, with 152.0 GWh, owned by PCR

More wind and solar power to come

Argentina wind generation climbs 7.9% in early 2026 as system reaches 71 active farms

The grid recorded 3,049.5 GWh of wind output in January–February, with PCR's Mataco 3 Picos topping the production ranking and Arauco's newly commissioned stages posting a 187.5% surge. Whether 2026 can break the 2025 annual record of 18,628 GWh will hinge on the May–August Patagonian wind season.

Export markets

Oldelval, VMOS, and TGS Commit More Than $4 Billion to Build Three Vaca Muerta Export Routes Before 2027

With Neuquén crude output at 600,000 bbl/d and the Duplicar Plus system approaching saturation, Argentina's two main midstream operators are racing to build crude, gas, and NGL evacuation infrastructure — and manage the capacity gap in between

Gustavo Schiappacasse of Fundación YPF with Marín, Gaido, Figueroa and Pettovello during the tour.

Shale24 at official inauguration with authorities

Vaca Muerta Institute begins operations with plan to train 2,400 workers in its first year

With seven professional training tracks and cutting-edge learning technology, the Vaca Muerta Institute was officially inaugurated at its headquarters in Neuquén’s Technology Park

Pampa Energía applies for upstream RIGI for Rincón de Aranda.

Upstream RIGI in Vaca Muerta

Pampa Energía’s leap: From $426M to $4.5B and how upstream RIGI rewrote Rincón de Aranda

The expansion of the incentive regime to hydrocarbon production not only added fiscal benefits to Pampa Energía’s project in Vaca Muerta, it also changed its scale. Previously outside the program’s scope, the company led by Marcelo Mindlin is now accelerating its development curve toward a plateau of 45,000 barrels per day by 2027.

Large Investment Incentive Regime

RIGI: Mining surpasses energy in approved projects and unlocks larger investment pipeline

With Veladero and Diablillos, the sector now accounts for six of the 12 projects approved under the regime. The pending pipeline — led by Glencore with $13.5 billion in copper projects — suggests that share will grow even further.

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