Tecpetrol to invest US$2.3bn in Argentina shale gas
Source: BN Americas By: Andrew Baker 3/24/2017
Tecpetrol will invest US$2.3bn during 2017-19 in an unconventional E&P project in Argentina's Neuquén province targeting the Vaca Muerta shale deposits.
The CEOs of Tecpetrol and Argentine-Italian parent company Techint, Carlos Ormachea and Paolo Rocca (pictured left), respectively, confirmed the investment in a meeting Thursday with Argentine President Mauricio Macri (pictured right), energy minister Juan José Aranguren and Neuquén governor Omar Gutiérrez.
