BELIZE CITY, BELIZE (Aaron Simonsky, Energy Analytics Institute, 20.Feb.2025) — Equinor has reportedly engaged Bank of America to assist the Nordic company with the divestment of its participation in the Bandurria Sur and Bajo del Toro Norte areas in Argentina.
The 2 blocks are located in the prolific Vaca Muerta shale play and operated by state-owned YPF, local media outlet EconoJournal reported on 20 Feb. 2025 in a story on its website.
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The oil company under state control has a right of preference, so it is in an advantageous position to face the negotiation, the media outlet said.
The sale process does not appear to include the offshore concessions owned by Equinor in Argentina.
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By Aaron Simonsky reporting from Belize City. © 2025 Energy Analytics Institute (EAI). All Rights Reserved.
