Tag: Punta del Este basin

• Thursday, January 14th 2021 - 09:54 UTC

  Uruguay signs contract to resume offshore seismic surveying for oil and gas

  

  Norwegian oil and gas exploration seismic data company PGS has signed an agreement with Uruguay's state oil company ANCAP to reprocess over 11 000 km of existing 2D lines of various vintages, applying the latest seismic imaging techniques.

• Tuesday, August 4th 2015 - 10:04 UTC

  BP halts exploration activities off Uruguay and targets lower-risk projects

  

  British oil major BP has halted its deepwater exploration activities off Uruguay as it prioritises lower-risk projects at a time of low international prices, an official at Uruguay's state-owned oil company Ancap said on Monday.

• Friday, June 20th 2014 - 06:50 UTC

  Uruguay advances details of third oil and gas bid round Punta del Este basin

  

  Uruguay has released a draft map of four ultra-deepwater and seven shallow-water blocks in the Punta del Este-Atlantic basin that will be on offer in the country’s third oil and gas bid round next year, officials said in Moscow this week, according to the oil and gas site Upstream.

• Friday, October 12th 2012 - 06:23 UTC

  Uruguay signs offshore contracts with oil companies: BP, BG, Total and Tullow

  

  The Uruguayan government has signed offshore exploration and production deals with British oil firms BG Group, BP plc, Ireland’s Tullow Oil and France's Total. The companies awarded 30-year concession contracts in April for the eight oil blocks - three each for BG and BP and one each for Tullow and Total - have committed to investing a total of roughly 1.56 billion dollars.