France's Total ready to begin drilling offshore Uruguay: risky project but it could be AN "elephant''

France's Total ready to begin drilling offshore Uruguay: risky project but it could be AN ”elephant''

Saturday, March 12th 2016 - 07:21 UTC

Full article 2 comments

France’s Total SA announced it is preparing to begin drilling one of its most important offshore exploration wells in the Americas this year as it hunts for a giant oil field in Uruguayan waters. A discovery could extend an exploration boom in a country that currently imports all of its oil and gas needs. Read full article

Comments

Disclaimer & comment rules

golfcronie
On the other hand it could be a “white elephant ” but let's hope not. They could sell cheap oil to Argentina or Argentina could buy FALKLANDS OIL. Comon Rocky baby!
Mar 12th, 2016 - 08:16 am - Link - Report abuse 0
-+
ChrisR
Given the complete mismanagement of every government project by the 'children' who 'rule' us I am not hopeful that this will be a success but remain to be proven wrong.

You only have to look at the complete fiasco the new 'gasification' plant is in to understand the problems facing Total on land, nevermind drilling anything.
Mar 12th, 2016 - 11:48 am - Link - Report abuse 0
-+

Commenting for this story is now closed.
If you have a Facebook account, become a fan and comment on our Facebook Page!