LatinNews Daily - 18 November 2021

In brief: New investment for Argentina’s Vaca Muerta

* Omar Gutiérrez, the governor of Argentina’s Neuquén province, has announced a new concession awarded to Argentina’s state-owned oil company Yacimientos Petrolíferos Fiscales (YPF) and Norway-headquartered oil firm Equinor, to develop the Bajo del Toro Norte area in Argentina’s ‘Vaca Muerta’ shale oil and gas fields in Neuquén, Patagonia. According to Gutiérrez the pilot stage of the project is expected to last five years, with US$117.7m to be invested in drilling 14 wells, among other things.

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