It is a leading company in hydrocarbon exploration and production (Upstream), with a disruptive approach to the development of unconventional resources. Its purpose is to supply energy to the region in an efficient and sustainable way, leveraging industrial synergies with Techint. It is the largest gas producer in Vaca Muerta thanks to its flagship project, Fortín de Piedra, which transformed Argentina’s energy matrix in record time.
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.
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.
Gas y Petróleo del Neuquén will publish tender documents in May for 15 blocks selected from its reserved-area portfolio, with formal opening set for August 19. A request from Continental Resources at Bank of America's Argentina Week accelerated the original schedule by two years and aligns with the early startup of Oldelval's Duplicar Norte pipeline, which unlocks the northern hub.
The Techint Group's E&P subsidiary increased the cap on its local bond program as it pursues a $2.4 billion plan to scale Los Toldos II Este from 20,000 to 70,000 bbl/d within 18 months. Part of the new ceiling is already committed to outstanding instruments.
The Techint Group chairman argued that artificial intelligence applied to fracture design and reservoir management could add more than 3 billion barrels to Vaca Muerta's recoverable resource base — a figure Shale24 estimates at roughly $230 billion in potential subsurface value
Wood Mackenzie quantified the scale of the effort the industry will need to undertake to turn Vaca Muerta into a shale oil export hub. The key question: can execution capacity keep pace without creating bottlenecks?
Argentina’s negotiable obligations market tops $20B in 2025, projects another solid year in 2026 as energy accounts for nearly half of corporate financing
Preparatory work is underway for the directional drilling on the north bank, while on the south bank a welded and hydrostatically tested pipe section is ready for insertion, with additional works still pending at the site.
With 1,791 stages, December reflected a slight slowdown, coming in below the annual monthly average of 1,982 stages and well off the record set in May at 2,588. YPF continued to dominate activity with 778 stages, accounting for 43% of the monthly total.
With a portfolio that already exceeds 27 submitted projects and investment commitments topping $33 billion, extending the deadline to 2027 could unlock additional investment and new projects, further expanding the country’s energy and mining frontier.
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.
Oldelval expects early start-up by the end of 2026. In its first phase, the pipeline will transport 220,000 barrels per day, expandable to 300,000 and eventually 500,000.
A specialized report highlights the sector's potential and emphasizes that its activity depends not on temporary incentives, but on operational maturation. It also notes the impact on import reduction and the development of related sectors.
