Argentina’s first national offshore licensing round took place on 16 April 2019, in Buenos Aires. Of the 38 blocks offered in an open bid round, 18 were licensed. The round attracted bids from 13 companies, with the winning bids reaching a total of US$718.28 million. All majors participated in the bidding, except from Chevron.
The acreage is located in the Austral Marine, Western Malvinas and Argentina basins.
Commenting on the licensing round, Horacio Cuenca, Research Director at Wood Mackenzie,...
https://safety4sea.com/oil-majors-bid-on-argentina-offshore-acreage/