Exploration & Production

ENAP pins hopes on end of world in Argentina

Chile’s ENAP is seeking to boost production in Argentina’s gas-rich Austral Basin and has plans for large-scale investment Chile’s ENAP is seeking to boost production in Argentina’s gas-rich Austral Basin and has plans for large-scale investment.
By Chris Noon 12 February 2018 0 29504
ENAP sees potential in remote Patagonia. (Jules/Flickr)

Chile’s ENAP sees significant gas potential offshore Argentina – especially in the cold seas off southernmost Patagonia – the company has told Interfax Natural Gas Daily

The state-owned company, which acquired the gas-rich Octans-Pegaso block in the Austral Basin on the Argentine continental shelf last week, is set to make large-scale investments in Argentina – providing the investment climate remains attractive. 

“Our objective in the next few years is to consolidate our position in the Austral Basin – onshore as well as in shallow waters – that...