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Our offshore projects

In 2019 Equinor added eight exploration blocks offshore Argentina to the company’s portfolio.

We were granted permits for five blocks as operator and participated in winning bids for one block to be operated by YPF, and one block to be operated by Total, in the Offshore Licensing Round in April 2019.

In August the same year we farmed into the CAN_100 block with YPF in the North and took over operatorship.

Equinor’s eight blocks are spread across basins. We are operator for three blocks in the Northern Argentina Basin in the North and three across the Austral and Western Malvinas basins in the South.

Licence blocks

BLOCKS

OVERVIEW

BASIN

BLOCK SIZE KM2

CAN_100 Equinor 35% (operator). YPF 35%. Shell 30% Northern Argentina basin 15012
CAN_108 Equinor 100% Northern Argentina basin 2878
CAN_114 Equinor 50% (operator). YPF 50% Northern Argentina basin 7084
CAN_102 YPF 50% (operator). Equinor 50% Northern Argentina basin 8921
MLO_121 Equinor 100% Western Malvinas basin 4291
MLO_123 Total 37,5% (operator), YPF 37,5%, Equinor 25% Western Malvinas basin 3796
AUS_105 Equinor 100% Austral basin 2130
AUS_106 Equinor 100% Austral basin 2161

Equinor has made a commitment to the Argentinian government to carry out 3D seismic surveys in our operated blocks within the first exploration period.