Shell and Equinor said Friday they have agreed to buy Schlumberger’s 49% stake in Bandurria Sur for $355 million, adding that they plan to increase their ownership of the shale oil block in Argentina’s Vaca Muerta to 60% in a separate deal. Receive daily email alerts, subscriber notes & personalize your experience. Register Now The companies will pay $177.5 million each for 24.5% stakes in the 56,000-acre block, according to separate statements. The Netherlands-based Shell and Norway’s Equinor added that they have entered into a preliminary deal with YPF, Argentina’s state-backed company that owns the other 51% of Bandurria Sur, to buy 11% of the block from it, taking their ownership of the block to […]