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Energy giants place tentative bets on oil finds in wildcat Uruguay | Hellenic Shipping News Worldwide

Energy giants place tentative bets on oil finds in wildcat Uruguay | Hellenic Shipping News Worldwide
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Energy giants place tentative bets on oil finds in wildcat Uruguay, ET EnergyWorld

"Geologists believe 120 million years ago Namibia was linked to Uruguay, before the breakup between Africa and South America," said Santiago Ferro, who oversees energy transition at Ancap, which is involved in the licensing process.

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Geological Connection to Namibia Sparks Offshore Oil Hope in Uruguay

Uruguay state-run energy firm Ancap is set to agree to final terms for a record number of seven offshore exploration licenses next month…

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Uruguay Oil Finds Energy Giants: Energy giants place tentative bets on oil finds in wildcat Uruguay, ET Auto

Uruguay Oil Finds Energy Giants: "Geologists believe 120 million years ago Namibia was linked to Uruguay, before the breakup between Africa and South America," said Santiago Ferro, who oversees energy transition at Ancap, which is involved in the licensing process.

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Energy giants place tentative bets on oil finds in wildcat Uruguay

Uruguay state-run energy firm Ancap is set to agree to final terms for a record number of seven offshore exploration licenses next month, a senior executive told Reuters, as the frontier market lures.

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