Tecpetrol
The Techint Group has a long-standing record of involvement in Latin America's potential for energy development and integration. With privately held Tecpetrol, the Techint Group is active in the explotation and exploration of oil and gas fields in Argentina, Bolivia, Colombia, Ecuador, Mexico, Peru, Venezuela and the United States. Tecpetrol also participates in the operation of gas transportation companies, among them Transportadora de Gas del Norte (TGN), Transportadora de Gas del Mercosur (TGM) and Litoral Gas in Argentina, Sistema 3 in Mexico, and Transportadora de gas del Perú (TgP), the Camisea pipelines company, in Peru, as well as in other energy-related developments in the Southern Cone.
Synergies are achieved with Techint Engineering & Construction, a top ranking builder of oil and gas pipelines and facilities worldwide.
Milestones
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1980s
The Techint Group invests in oil and gas blocks in Argentina through exploration and production company Tecpetrol.
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1990
The Atamisqui and Atuel Norte blocks are acquired in the province of Mendoza, as well as Agua Salada in Río Negro, and Los Bastos and Catriel Viejo in Neuquén, Argentina. In the same year, the company is awarded the José Segundo oilfield in the San Jorge Gulf basin, also in Argentina.
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1991
Tecpetrol acquires the El Tordillo block in Comodoro Rivadavia, province of Chubut, and consolidates its presence in the Patagonian region of Argentina.
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1992
It is awarded 23% of the natural gas and oil fields of Aguaragüe in Salta, Argentina, with other partners in a joint venture.
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1994
Tecpetrol enters Venezuela with a non-operating agreement for the Unidad Quiamare-La Ceiba Unit.
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1995
It continues its Exploration and Production (E&P) operations with an agreement for the Colón Unit, in Venezuela.
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1997
The hydrocarbons Transport and Distribution Division is created, with focus on the natural gas downstream and midstream business while polyducts and natural gas pickup pipelines and processing plants are added to the business.
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1999
Tecpetrol is awarded the Bermejo Area in Ecuador.
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2000
The company is awarded the Camisea transportation pipeline business in Peru. The project involves the transportation of NG and LNG and their distribution in Lima for a period of 33 years. A contract with Perupetro is signed for the Camisea block.
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2003
Tecpetrol forms a consortium to provide Petróleos Mexicanos (PEMEX) with natural gas production services in the Misión block, located in the Burgos basin in northern Mexico.
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2004
Tecpetrol constitutes Baripetrol, a mixed company in association with Petróleos de Venezuela (PDVSA) and a further two international oil firms for the exploration and production of the Colón area on the western coast of Maracaibo Lake, Venezuela.
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2007
It is awarded the Hickmann exploration area, located in the northwest of the province of Salta. In October it is awarded the Río Colorado area in that same province of Argentina.
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2008
Tecpetrol signs a Study Agreement with YPFB for the exploration of the San Telmo Block in Bolivia. An agreement is signed to participate in the exploration, production and development of the Estancia La Mariposa and Lomita de la Costa blocks in Santa Cruz, Argentina. It is awarded three exploratory blocks in Colombia.
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2009
Tecpetrol begins the provision of services to check the state of repair and reliability of the Sistema 3 facilities in Mexico. It wins the bid for the exploration and development of Orán, Salta, Argentina. It renegotiates and extends the concessions for Los Bastos and Fortín de Piedra in Neuquén. In Peru, it expands the Natural Gas Transportation System of Camisea to 450 MMcfd, the volume estimated for the year 2016.
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2010
Tecpetrol closes on the acquisition of its first exploration and production assets in the United States, headquartered in Houston, Texas. Within the framework of a pilot program, PEMEX awards Tecpetrol the development of Campo Coyotes, in Chicontepec, Mexico. A windmill with 1.5 MW of power is set up in El Tordillo, Argentina.
