Tag Archives: Argentina

Argentina’s government in the meantime has been putting a lot of efforts into accelerating the exploitation of the country’s oil resources.

Calculations show that it could take about a month for a cargo ship to sail from the Middle East to a port in Argentina.

Last year Exxon said they may invest over $10 billion in Vaca Muerta shale projects over the next few decades.

The two companies will be represented by four board directors each. sharing nomination rights for senior executives.

As a consideration. Statoil will fund 100% of the cost of certain future activities in the block.

Chile and Mexico are the only Latin American OECD member countries.

Schlumberger is to invest nearly $400million in a shale field in South America.

Shell was buying as much as 200.000 barrels per day or six large cargoes of Iranian oil a month.

Shell said in its annual report it had bought only three cargoes of Iranian oil over the past year.

.NISOC signed preliminary agreements last year with Schlumberger. the world'.s leading oilfield services provider