WorldOil Equinor and Shell partner on Vaca Muerta acreage buy Equinor and its partner Shell have completed a joint acquisition of the 49% interest held by Schlumberger in the Bandurria Sur onshore block in Argentina’s Neuquén province. The consideration for each partner for their 24.5% interest is USD 177.5 million. New president could mean the end of Argentina’s shale opportunities Investments had been picking up in Vaca Muerta, a Maryland-sized shale formation in Patagonia that could turn the troubled nation into a global energy provider. But that was before leftist Alberto Fernandez won the presidential election last month. TGS launches 3D multi-client project offshore Argentina The Malvinas 3D survey will cover approximately 7,300 km² of the highly prospective Malvinas Basin, which saw spirited interest during Argentina Round 1 earlier this year. Good news for Vaca Muerta drillers in Argentina’s election results Some industry observers think Fernandez may provide drillers with a capital-controls loophole, which is what Kirchner did in 2013 to lure Chevron to Vaca Muerta. PESA Argentina chapter debuts in Buenos Aires United States Ambassador to Argentina Edward Prado welcomed PESA to his residence in Buenos Aires to kick off the creation of the PESA Latin America Regional District, Argentina Chapter on Tuesday, September 24. Argentina pursues $5 billion LNG project amid political havoc “The LNG terminal will be a machine for bringing in dollars,” said Sebastian Mocorrea, YPF’s executive vice president for corporate affairs. “Nobody in their right mind would meddle with it.” Drillmec’s Striker-800 cluster drilling rig departs for Argentina Drillmec announced their Striker-800 cluster drilling rig is headed to Argentina to explore the Vaca Muerta shale play. Equinor expands its cooperation with YPF for offshore exploration in Argentina The preliminary agreement sets the core terms and conditions for YPF’s transfer of 50% of its share in the CAN 100 offshore block, and will enable both companies to expand their alliance and move forward with the exploration process in the Argentinian offshore. Argentina to export excess Vaca Muerta gas as LNG to global markets YPF announced today that a preliminary agreement was reached with Excelerate Energy for the charter of an LNG carrier, which will export Argentina’s excess LNG to the global natural gas market. Wintershall Dea taps ConocoPhillips’ shale expertise in Argentina agreement The Aguada Federal and Bandurria Norte blocks to be jointly developed hold significant unconventional oil and natural gas resources in the prospective Vaca Muerta shale formation.