Chevron Uruguay Exploration Limited is acquiring a 60 percent participating interest in the Area Off-1 block offshore Uruguay in a farm-out agreement with .
The high success rate of drilling and appraisal activity offshore Africa s southwestern coast is spurring Big Oil to boost acreage in the area and seek other exploration frontiers.
Chevron Joins Forces With Challenger for Offshore Uruguay Block Chevron Corporation s CVX subsidiary Chevron Uruguay Exploration Limited entered into an agreement with.