Grupo IEB, the capital-markets holding led by Juan Ignacio Abuchdid, bought the storied contractor from Spain's Dragados in late 2024 for about $2 million. Its management contract runs to September 30, 2028, a date that tightens the schedule of the country's first gas-export pipeline.
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.
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 floating LNG to crude export pipelines and NGL fractionation, a concurrent buildout across Vaca Muerta's full value chain represents the largest private investment cycle in Argentina's energy sector this century
In less than 24 hours, Iran struck Ras Laffan twice — the world’s largest liquefied natural gas export complex before the conflict — and hit refineries in Kuwait and Saudi Arabia. The benchmark crude price is trading at levels not seen since 2022. For Argentina, the equation has two sides, and neither is neutral.
It is the biggest LNG supply shock since the Russian invasion of Ukraine. In that scenario, Argentina has the right answer — but it still does not have the ship
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.
Innovative solutions use energy-saving algorithms that evaluate the time of day, natural lighting and the total load on the power grid, ensuring stadiums operate at maximum efficiency regardless of the
The four-well pilot in the shale oil window—carried out in partnership with TotalEnergies as operator—confirmed commercially viable production. It involved horizontal wells with hydraulic fracturing in the oil window, a liquids-rich shale zone distinct from the dry gas window that dominates other areas of the formation.
With a focus on shale development and the LNG project, the proceeds will be used to support the company’s aggressive investment plan in Argentina and to refinance existing liabilities. The bond, with an implied 11-year maturity and principal repayments in three annual installments starting in year nine, saw solid demand that allowed it to be priced in the middle of the initial book range of $300 million to $500 million.
By combining the European Union’s engineering expertise and innovation capacity with Mercosur’s unique geological endowment, the treaty will make many energy projects more economically attractive.
The amendment seeks to optimize the attraction of foreign capital and align the administrative evaluation process with economic diplomacy. Technical requirements for participation include the submission of an investment plan, an export impact assessment, and compliance with environmental and labor standards.
It became one of the first 35 facilities, out of the Swiss multinational’s 170 worldwide, to obtain the certification.
In his previous address, Milei emphasized economic freedom and tax reforms as tools to fight poverty, casting the state as a problematic actor. This time, the Argentine president will focus on deregulation of the energy sector and Argentina’s role as an LNG supplier from the Vaca Muerta shale.
Argentine gas exports to Brazil are already operational, albeit at modest initial volumes, with significant growth projected through 2030. Routes and methods for scaling up are under consideration.
