MercoPress. South Atlantic News Agency
UK and French companies awarded eight blocks in Uruguay’s offshore oil round
UK’s BP, BG Group, London-based Tullow Oil and French oil major Total were awarded a total of eight offshore blocks in an Uruguayan bidding round and will invest 1.56 billion dollars in exploration of those areas, state energy company Ancap announced. Read full article
Comments
Disclaimer & comment rulesGood news for all concerned. Another example to Mrs K of what can be achieved by co-operation, rather than by tearing up and ignoring international treaties.
Apr 02nd, 2012 - 09:41 am - Link - Report abuse 0Watch out Uruguay .. Argentina will probably interpret that one as a declaration of war ;)
Apr 02nd, 2012 - 09:43 am - Link - Report abuse 0Hooray for Uruguay, France and UK having a nice time together, trading and developing in a mature fashion.
Apr 02nd, 2012 - 10:24 am - Link - Report abuse 0... meanwhile further south west...
Can someone head to Buenos Aires and help them tidy up all those toys that have been scattered around their prams?
Apr 03rd, 2012 - 07:00 am - Link - Report abuse 0@4
Apr 03rd, 2012 - 07:25 am - Link - Report abuse 0LOL
Uruguay is a nice sensible country and knows how to promote business and has a higher credit rating than Argentina. I wonder why ...?
Apr 03rd, 2012 - 03:32 pm - Link - Report abuse 0@6
Apr 04th, 2012 - 12:31 am - Link - Report abuse 0That matters if you actually care for a high credit rating.
@7
Apr 04th, 2012 - 07:45 pm - Link - Report abuse 0It matters if you want to succeed and encourage foreign investment, get loans to kick start industries and honour agreements like the 1850 British and Argentinian agreement to settle 'existing differences' or whether you believe in Argentinian Propoganda fed to the population at birth.
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