McDermott and Pumpco to Back YPF Financing for Vaca Muerta

YPF announced that it received a long-term financing proposal for up to US$ 6 billion from the U.S. Export-Import Bank. The scheme will be directed to support projects linked to Vaca Muerta.

The transaction contemplates the participation of two U.S. companies, McDermott and Pumpco, which would provide the corporate backing required to advance with the credit.

The announcement was made by the Argentine oil company on Wednesday evening, although the available information does not detail the final financial terms or the specific destination of the funds within Vaca Muerta development.

The proposal represents a long-term financing alternative for YPF, in a context where the Neuquén formation concentrates hydrocarbon production expansion projects and demands large-scale investments.