TotalEnergies announces the start of production from the Fenix gas field, located 60 km off the coast of Tierra del Fuego in Southern Argentina. The Fenix field is part of the Cuenca Marina Austral 1 (CMA-1) concession, in which TotalEnergies holds a 37.5% operated interest, alongside its partners Harbour Energy (37.5%) and Pan American Energy (25%). With...

Wintershall Dea’s shareholders BASF and LetterOne signed a business combination agreement with Harbour Energy in December 2023 to transfer all of the German player’s E&P business, consisting of its production and development assets and exploration rights in Norway, Argentina, Germany, Mexico, Algeria, Libya (excluding Wintershall AG), Egypt and Denmark (excluding Ravn), as well as its...

Golar LNG has entered agreements with Pan American Energy (PAE) covering a 20-year deployment of a the FLNG Hilli vessel offshore Argentina. This will liquefy gas produced from the Vaca Muerta Shale formation in the onshore Neuquina Basin, with LNG exports set to start in 2027. The arrangements include a sales agreement for the supply...

Equinor’s first offshore well in Argentina didn’t show any evident indications of oil or natural gas, a source at the Norwegian company said June 27, after expectations swelled in the local oil industry that the project could yield initial production of 200,000 b/d. “Although we have been able to confirm the geological model, no clear...

Development drilling has started at the Fénix Field, 60 km offshore Tierra del Fuego, southern Argentina. The jackup Noble Regina Allen is stationed alongside the new Fénix production platform, which was installed in February. Operator Total Austral has commissioned three development wells to be drilled and completed over the next months. Once online, the production...

Equinor in April will begin drilling the Argerich-1 exploration well in the CAN 100 block in the North Argentinian basin, offshore Argentina. The well will be drilled 315 km from the port of Mar del Plata by the Valaris DS-17 drillship in 1,527 m water depth. It will be the first to be drilled in...

Heerema’s heavy-lift vessel Aegir has completed the installation of the Fénix gas production platform in the CMA-1 concession, 60 km offshore Tierra del Fuego, Argentina in 70 m water depth. TotalEnergies is the operator, in partnership with Wintershall Dea and Pan American Energy. The jacket and four piles for the 4,800-t platform were installed last...

Italian engineering firm Rosetti Marino has completed the construction of the jacket and topside for the Fenix wellhead platform, which are now headed to Tierra del Fuego in southern Argentina. Rosetti Marino built Fenix platform’s topside and jacket for TotalEnergies’ Fenix gas development project as part of an engineering, procurement and construction (EPC) contract awarded...

Wintershall Dea has issued a brief update on the Fénix subsea development in the Cuenca Marina Austral 1 (CMA-1) concession, offshore Argentina. The company is a partner to operator TotalEnergies: Pan American Energy is the other co-venturer. Work on Fénix is progressing as planned, with the first concrete blocks that will support the subsea pipeline...

TGS plans to acquire a new 3D multiclient survey over the Malvinas Basin offshore Argentina. The Malvinas 3D Phase III campaign will cover a ~7,500 sq km area, boosting TGS’ 3D library across the basin to 25,000 sq km. Acquisition should begin by early 2024.