Argentina's upstream coming out of its long holding pattern

   Exploration and development activity by Argentine independents is expected to accelerate in the years to come as a result of foreign multinationals having to divest assets acquired in takeovers of two of the country's biggest oil and gas firms.Argentina's upstream sector is finally coming out of a lengthy holding pattern. In recent years, exploration and development activity in Argentina had been reined by uncertainty over the prospects for natural gas export pipelines.The proliferation of natural gas transportation projects in Argentina is helping to propel a resurgence in exploration and development activity there. Click here to enlarge imageThat uncertainty was complicated...

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