Why Argentina?
Argentina, South America’s second largest economy, is a key energy player in the region and internationally.
Although Argentina is a long-established hydrocarbons producer, recent discoveries of unconventional oil and gas deposits in the Vaca Muerta formation have transformed the local E&P market.
Today, Argentina is one of the four countries producing shale oil and gas on a commercial scale, along with the US, Canada and China.
The Argentine government estimates that an annual investment of US$10bn will be needed to tap resources in the Vaca Muerta formation, which is estimated to hold up to 308Tcf of shale gas reserves.
In recent years, the national oil company YPF has established joint-ventures with major oil players such as Chevron, Shell, Statoil and Petronas for the development of major shale gas licences in Vaca Muerta.
Pan American Energy, a BP-Bridas joint-venture that is now Argentina’s second largest O&G producer, is also involved in key shale gas developments.
Various pilot drilling programmes are underway in Argentina, which will require vast investment as they progress towards the full development phase.
| Top facts about Argentina |
| Second largest shale gas reserves (801.5Tcf) after China |
Business environment greatly improved under Macri administration |
| 308Tcf of gas reserves at Vaca Muerta shale play |
27 active projects worth US$35.9bn |
| YPF to invest US$21.5bn between 2018 and 2022 |
21 future projects worth US$4.3bn |
| 2.4 billion barrels of proven oil reserves |
|
Benefits include
- 10-12 pre-arranged group meetings with key Operators and EPC contractors
- Understanding of country's local content laws, current projects and more
- Meetings with key decision makers (i.e. Procurement/Supply Chain managers)
- Evening Reception at the British Embassy, where you can network with operators, EPC contractors, potential agents
- Logistical assistance from EIC Delegation manager and support/advice on markets from EIC sector analysts.
Itinerary
| Sunday 30 September |
| PM |
Ice-breaker dinner (included) |
| Monday 1 October |
| AM |
In-country briefing |
| PM |
Meetings |
| Tuesday 2 October |
| AM |
Meetings |
| PM |
Meetings
Networking reception (evening) |
| Wednesday 3 October |
| AM |
Meetings |
| PM |
Meetings |
| Thursday 4 October |
| AM |
Meetings |
| PM |
Free time |
Please note this is subject to change.
B2B meetings
Group meetings will be organised with the assistance of DIT in Argentina. These will include key players within the industry including representatives from both national and international operators as well as international EPC contractors active in the market.
The final programme will be tailored to suit delegates’ requirements as closely as possible.
Once your booking is confirmed you will be asked to complete a Supplementary Data Form with the names of companies and individuals you would like to see included in the programme.
It is the intention to organise structured group visits but with time free for delegates to make individual visits and follow-up calls.
There will be 8-12 B2B meetings planned in Buenos Aires for the delegation. We will approach the following companies for meetings:
• YPF
• Pan American Energy Group
• Total Austral
• Shell
• ExxonMobil
• Wintershall
• Pampa Energia
• Pluspetrol
• Tecpetrol (a Techint company)
• Enarsa
• Techint
• AESA (a YPF company)
• TECNA
• Schlumberger
• Halliburton
Delegate numbers
Total numbers are limited to 20 delegates to ensure group members receive the best value as possible during the visit, however please note we will require a minimum of 6 delegates in order for this delegation to go ahead.
We would advise waiting until we reach this number of delegates before booking non-refundable flights.