Three Large Global Oil Services and Equipment Companies Reported that They Will Not Participate in Projects in Malvinas
10 Articles
10 Articles
The three international oil service companies confirmed that they will not intervene in tenders for operations in the archipelago or its surrounding maritime areas, after the tightening of controls and sanctions promoted by the Argentine government.
SLB, formerly Schlumberger, said it would not participate in projects on the islands. It was not linked to the Sea Lion project. Hours later Baker Hughes, supplier of oil equipment, and Halliburton joined. Chancellor Quirno highlighted the announcements
The world’s leading oil companies reaffirmed their commitment to Argentina and the development of the country’s energy sector. In recent hours, service firms Baker Hughes and Halliburton officially confirmed that they ruled out any participation in hydrocarbon projects in the Malvinas Islands and its surrounding maritime areas. Halliburton...
The state oil company thanked SLB, Halliburton and Baker Hughes for ratifying that they will not participate in hydrocarbon projects in the islands after Decree 868/2026. The company considered it "a very clear sign" of confidence in Argentina and in Vaca Muerta.
Important SLB, Baker Hughes and Halliburton firms reported that they do not participate or plan to do so in hydrocarbon initiatives in the South Atlantic archipelago or its surrounding maritime areas.
Baker Hughes, one of the leading international services and technology companies for the oil industry, joined SLB and announced that it will neither participate nor plan to participate in bidding processes linked to hydrocarbon exploitation projects in the Malvinas Islands nor in the surrounding maritime and island areas. Both companies [...]
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