Statoil hunting for oil in Argentina
Norwegian oil company Statoil is collaborating with an Argentinian energy company in the hunt for oil.
Norway is not the only country where Statoil is looking to make its fortune – South America is also on the radar for the Norwegian energy company. In collaboration with Argentinian YPF, Statoil is striving to establish an oil venture in Argentina.
Together with YPF, Statoil is taking over a drilling permit in the Bajo del Toro field in the Neuquen field in the South American country. Statoil will become partner with 50 percent of the ownership share, while YPF is operator and owns the other half.
Already a subscriber?Log in here
Read the whole article
Get access for 14 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
With your free trial you get:
- Access all locked articles
- Receive our daily newsletters
- Access our app
Get full access for you and your coworkers
Start a free company trial todayRelated articles:
Rough offshore market rubs off on rig company results
For subscribers
Oil price looks set to stay below USD 60 for a long time
For subscribers
Equity funds enter North Sea with billion-dollar investments
For subscribers
