Vaca Muerta
Víctor Contreras-Sicim awarded construction of San Matías pipeline in Vaca Muerta
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Southern Energy consortium awarded Víctor Contreras-Sicim the construction of the San Matías pipeline linking Vaca Muerta to Río Negro's coast for LNG exports. Techint lost this key bid again, after being excluded from pipe supply earlier in 2026. The winning bid totaled USD 533 million for assembly and USD 96 million for a compressor plant.
Amid ongoing judicial scrutiny over alleged illicit enrichment, Karina Milei accompanied Cabinet Chief Manuel Adorni to Vaca Muerta on April 16, touring key oil sites and joining energy sector events—continuing public backing from the Milei circle following recent probe developments.
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Economist Aldo Abram stated on Canal E that Argentina's Régimen de Incentivo para Grandes Inversiones (RIGI) is already delivering concrete results, with over 20 projects submitted totaling more than $33 billion. More than 10 have been approved, amounting to around $25 billion in future investments.