Equinor Argentina and Shell Argentina’s Acquisition of 11% of YPF Interest in Bandurria Sur

Martinez de Hoz & Rueda advised on the deal

Equinor and its partner Shell have completed a joint acquisition of the 11% interest held by YPF in the Bandurria Sur onshore block in Argentina’s Neuquén province.

Equinor participates in eight offshore blocks in Argentina, six as operator. Equinor is also a 50% partner with YPF (operator) in the Bajo del Toro onshore block and has a 90% operated interest in the neighbouring blocks Bajo del Toro Este and Aguila Mora Noreste, with Gas y Petróleo de Neuquén (GyP). In addition, Equinor has interests in the Cañadón León onshore wind farm in Santa Cruz and the Guañizuil 2A (G2A) solar asset.

Martinez de Hoz & Rueda advised YPF with a team including Pablo Rueda (Picture), Milagros Lezica and Inés Delpech.

Involved fees earner: Milagros Lezica – Martínez de Hoz & Rueda; Pablo Rueda – Martínez de Hoz & Rueda;

Law Firms: Martínez de Hoz & Rueda;

Clients: YPF S.A.;

Author: Ambrogio Visconti.