Adnoc’s investment unit XRG has signed a non-binding agreement with Argentina’s state-owned oil and gas company YPF and Italian energy firm Eni to join the 12 mtpa phase of the integrated Argentina LNG project.
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UK-based energy giant BP, Adnoc's international investment unit XRG, and a unit of Qatar's UCC have secured a license to explore and develop the second phase of Venezuela's offshore Loran gas field.
Argentina LNG, a joint venture of Argentina’s state-owned oil and gas company YPF and its partners Eni and XRG, has submitted its application to join Argentina’s large investment incentive regime (RIGI), supporting the development of the large-scale LNG export project with a total investment of $51 billion.
Argentina’s state-owned oil and gas company YPF and its partners Eni and XRG are still targeting a final investment decision on the 12 mtpa Argentina LNG project by the end of this year, according to YPF CEO Horacio Marin.