binola oil extraction machine in argentina

                                               
                                               
                                               
                                               
                                               
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  • Is Argentina a good market for oil & gas extraction?
  • Argentina¡¯s potential in oil and gas extraction is huge, and it has been strongly highlighted again by the crisis in the Ukraine. Dutch companies that offer services to this industry, especially those related to environmental protection may have good opportunities in this market.
  • What are the current offshore exploration concessions in Argentina's northern basin?
  • The current offshore exploration concessions in Argentina¡¯s Northern Basin (see map below) correspond to Round No. 1 of an international bidding process to develop oil and gas production in deep water under the jurisdiction of the national government.
  • Will a drilling well be completed in Argentina in 2022?
  • This year 2022 is expected that the first exploration drilling well in the Northern Argentina Basin will be completed, aimed to confirm the presence of oil or gas on the seabed and to assess if it is economically viable to develop it. Protests have been led by several environmental NGOs and by the mayor of Mar del Plata.
  • Where does Neuquén oil come from?
  • An 11% of Neuquén¡¯s oil production is exported from Puerto Rosales, near Bahia Blanca, in the south of Buenos Aires province, to Brazil and the USA. These exports are a blend between conventional and shale oil.
  • What happened to shale oil in Neuquen?
  • Technology for shale oil in Neuquen started to improve in 2018, suffered the low prices of the Covid19 pandemic in 2020, but began to recover in mid of that year, with the government authorization to export.
  • When will a gas pipeline be completed in Buenos Aires & Bahia Blanca?
  • To enable the transportation of gas to the markets, Decree 465/2019 was issued in July 2019, a public tender to award the construction of a 600 miles gas pipeline to Greater Buenos Aires and to Bahia Blanca, a port on the Atlantic coast. It was expected that it would be completed in 2021.