Uruguay

With 3D reprocessing of asset off Uruguay nearly done, Isle of Man-based firm hoping for 2026 drilling decision
Isle of Man-headquartered oil and gas company Challenger Energy Group (CEG) has shared an update on the reprocessing being carried out for an exploration block off the coast of Uruguay.

Farm-out process offshore Uruguay and decision on assets in Trinidad & Bahamas coming in mid-2025
Isle of Man-headquartered oil and gas company Challenger Energy Group (CEG) is making progress in setting the stage to embark on a formal farm-out process later this year for a shallow water exploration block off the coast of Uruguay.

Ongoing data reprocessing program at block off Uruguay to back farmout process targeted for mid-2025
Isle of Man-headquartered oil and gas player Challenger Energy Group (CEG) is carrying out a data reprocessing program at a shallow water exploration block off the coast of Uruguay, expected to back a formal farm-out process anticipated to commence in mid-2025. A program of reprocessing work is unde

EU and Uruguay to strengthen energy cooperation, hydrogen in focus
To deepen the bilateral energy cooperation between the European Union (EU) and Uruguay, Commissioner for Energy Kadri Simson has visited the South American country.

As ink dries on signed license off Uruguay, search for partners coming up soon
Isle of Man-headquartered oil and gas player Challenger Energy Group (CEG) has formally signed a license for a shallow water exploration block off Uruguay.

Chevron taking over operatorship at block with ‘enormous potential’ off Uruguay
Challenger Energy is in the process of selling a partial stake in a shallow water exploration block off the coast of Uruguay to Chevron.

‘Historic’ moment for Uruguay: Shell, APA, and YPF seal deals for offshore hydrocarbon exploration
ANCAP has tucked a new milestone under its belt with the signing of contracts for four offshore blocks with three oil and gas players.

EU and Uruguay firm up renewable energy and hydrogen cooperation
The European Union and Uruguay have agreed to boost their cooperation in pursuing the energy transition with renewable energy, energy efficiency and renewable hydrogen in focus. To this end, EU Commissioner for Energy Kadri Simson and Uruguay’s Minister for Foreign Affairs Francisco Bustillo Bonasso

Sole remaining block off Uruguay goes to Isle of Man-based oil & gas firm
Challenger Energy has been awarded the sole remaining available shallow water exploration block located off Uruguay.

Golden Triangle and Mediterranean to spearhead rise in rig demand
Wood Mackenzie anticipates floating rig demand to skyrocket by a further 20 per cent over the next two years.

Shell and APA among winners for deepwater oil & gas exploration blocks off Uruguay
Uruguay’s state-owned oil and gas company ANCAP has awarded two offshore blocks in the second instance of the 2022 Open Bidding Round.

TGS kicks off 3D data reprocessing project off Uruguay
TGS has commenced a 3D data reprocessing program offshore Uruguay, which covers blocks in the country’s active licensing round. Tannat 3D PSDM Repro consists of 25,000 square kilometers. According to TGS, the data will be regionally integrated and reprocessed using advanced techniques, including de-