In October 2019, Equinor farmed in to the YPF CAN 100 block and agreed to take over the operatorship. Equinor and YPF currently both hold 50% equity in the license, and will after the transaction hold 35% each, with Shell holding the remaining 30% in the block.
The CAN 100 block comprises an area of 15 000 km2 and is the largest block in the North Argentinian Basin.
The agreement is pending governmental approval.
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Read the article online at: https://www.oilfieldtechnology.com/offshore-and-subsea/14012021/equinor-ypf-and-shell-partner-up-in-argentina-offshore-block/