Shell agrees to enter Argentina shale oil, gas project

摘要

Buenos Aires—Shell has agreed to partner with Argentina’s Medanito on a shale oil and natural gas project in southwestern Argentina, with plans to invest at least $200 million over the next five years, a person involved in the deal said December 15. ”The investment could wind up being more, depending on the evolution of each exploration well,” Medanito’s director of corporate affairs, Andres Carosio, said in an interview.