The Parma-based firm, with nearly 80 years of pipeline work across Europe, Africa, and the Middle East, joins the consortium that won the 48-inch trunkline. Its gas history intertwines with ENI's and with Sicim's, the Italian firm awarded Southern Energy's parallel line.
YPF-operated gas output rose 9.2% in May to 32.33 MMm³/d, though it fell 4.08% year-on-year. The month's biggest mover was Aguada de la Arena, a 2025 concession the company has earmarked for the export chain
The Italian major's CEO argued that speed of monetization — not capital retrenchment — is the right response to energy market volatility; Argentina, where ENI is committed to a $20 billion LNG project and a new deepwater block off Uruguay, is among his clearest test cases
With partner Sultan Al Jaber joining virtually from Abu Dhabi — after Iranian strikes hit ADNOC infrastructure — the YPF CEO cast the Hormuz closure as a structural commercial advantage for Argentina's Atlantic LNG routes; FID remains on track for October 2026
Associated gas — the gas that inevitably emerges as a byproduct of oil production in the black oil and liquids-rich window of the Neuquén formation — is rich in high-value components. In January, output climbed to 26.7 million cubic meters per day, setting a historic record. The industry is closely monitoring the trend, as it could open the door to a new business opportunity.
Argentina accelerated its geopolitical energy and mining agenda this week, signing a U.S. partnership on critical minerals and a complementary deal with Abu Dhabi and Italy’s state energy company. Foreign Minister Pablo Quirno defended the Washington agreements at the Munich Security Conference.
