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Acquisitions and Divestitures News in Argentina

Qatar Petroleum Signs Deal with Exxon for Stake in Argentine Assets
6/4/2018 - Qatar Petroleum entered into an agreement with US Supermajor, ExxonMobil, to become a 30% equity holder in two ExxonMobil affiliates in Argentina that hold different interests in hydrocarbon licenses ...
Shell to Sell its Downstream Business in Argentina for $0.95B
4/24/2018 - Shell has signed an agreement to sell its Downstream business in Argentina to Raizen for US$0.95 billion in cash proceeds at completion, subject to customary closing conditions. The sale includes the ...
GeoPark Announces Argentina Acquisition
12/19/2017 - GeoPark Limited (GPRK), a leading independent Latin American oil and gas explorer, operator and consolidator with operations and growth platforms in Colombia, Chile, Brazil, Argentina, and Peru, annou...
Statoil Awarded Exploration License Onshore Argentina
Statoil Awarded Exploration License Onshore Argentina 11/30/2017 - As part of the Argentina’s Gas y Petroleo del Neuquen’s (GyP) 5th bidding round, Statoil has been awarded the Bajo del Toro Este exploration license as operator in the Neuquen basin. ...
Sinopec to Sell Argentina Oil Assets for Up to $600M
11/28/2017 - China’s Sinopec has decided to sell its oil assets in Argentina for $500 million to $600 million to Mexican company Vista Oil & Gas, a source with knowledge of the deal told Reuters. ...
Echo Energy Signs Onshore Farm-in Agreement in Argentina
11/1/2017 - Echo Energy plc is pleased to announce that it has entered into a binding farm-in agreement with Compania General de Combustibles S.A. (CGC), a privately-owned subsidiary of the Argentinian conglomera...
Sinopec's Argentina Oil Assets in Sale Worth Up to $1 Bln
10/9/2017 - Advisers to China’s Sinopec have offered its oil assets in Argentina to about a dozen potential suitors, three sources familiar with the matter said, as losses and labor headaches prompt Asia’s larges...
President Acquires Producing Assets in Neuquen Basin
9/21/2017 - President Energy (PPC), the upstream oil and gas company with a diverse portfolio of production and exploration assets focused primarily in Argentina, is pleased to announce the acquisition of Chevron...
YPF Among Bidders for Shell's Argentina Refinery
4/10/2017 - Argentina’s state-run oil company YPF SA is among the bidders for Royal Dutch Shell Plc's refinery and network of gasoline stations in Argentina, according to two people familiar with the process. ...
Argentina's YPF & Total & Partners to Invest $500M in Vaca Muerta
3/30/2017 - Argentina's state-run oil company YPF SA will make a joint $500 million shale gas investment with Pan American Energy LLC, Total Austral SA and Wintershall Energia SA in the Vaca Muerta formation, acc...
Zenith Sales Its Argentina Operations
2/20/2017 - Zenith Energy Ltd. (ZEE) the dual listed international oil & gas production company is pleased to announce the sale of its operations in Argentina to a group of local energy investors. ...
Madalena Farms Out Coiron Amargo Sur Este to Pan American
12/7/2016 - Madalena Energy Inc. (MVN and MDLNF) is pleased to announce that it has entered into agreements with Pan American Energy LLC, Sucursal Argentina (PAE) relating to its 90% working interest (WI) in the ...
ArPetrol Sells Substantially All of its Argentine Assets to ENAP Sipetrol
5/18/2016 - ArPetrol Ltd. is pleased to announce the signing of a share and debt purchase agreement with Empresa Nacional Del Petroleo (ENAP) and its subsidiary ENAP Sipetrol Argentina S.A. that provides for the ...
Madalena Energy Terminates Coiron Amargo Acquisition & Offering
3/14/2016 - Madalena Energy Inc. announces that, due to prevailing market conditions, it has elected not to proceed with the acquisition of an additional 10% working interest in the Coiron Amargo block in Argenti...
Brazil's Petrobras to Start Talks on Sale of Argentina Stake
3/2/2016 - Petrobras, with respect to the sale of its equity interest in Petrobras Argentina, disclosed by Material Fact in 01/20/2016, informs that its Executive Board has approved the conduct of negotiations w...
LyondellBasell Sells Petroken to Grupo Inversor Petroquimica S.L.
2/5/2016 - LyondellBasell (LYB), one of the world's largest plastics, chemical and refining companies, announced the completion of the sale of its wholly-owned subsidiary Petroken Petroquimica Ensenada S.A. (Pet...
Extensions and Relinquishments on Certain Argentina Blocks
1/4/2016 - Americas Petrogas Inc. has entered into settlement agreements with certain dissenting shareholders holding 22,523,667 common shares in the capital of the Company. The consideration to be paid for the ...
Wintershall Signs New Investment Agreement for Vaca Muerta
12/23/2015 - Wintershall Energia S.A. and the local state-owned energy company Gas y Petroleo del Neuquén S.A. have signed an agreement under which Wintershall, Germany’s largest internationally active crude oil a...
Nexans Sells its Argentinean Activities to a Local Player
11/2/2015 - Nexans has reached a definitive agreement to sell its Argentinean operations and expects to close this transaction by the end of November 2015, subject to customary closing conditions.
New Unconventional Concession Puesto Guardian Extends Concession Term to 2050
9/15/2015 - President is pleased to announce the conversion of its former Puesto Guardian Concession which was due to expire in 2026 to a new Unconventional Concession for a term of 35 years expiring 2050. ...

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