Uruguay
Authorities & Government
Rystad: Oil & gas exploration on the decline with global awarded acreage near all-time lows
Rystad Energy forecasts that global oil and gas exploration spending and activities are expected to shrink even further this year.
Fossil Energy
More acreage for Shell and APA Corporation off Uruguay
Uruguay’s state-owned ANCAP has awarded three offshore blocks under its 2022 Open Bidding Round to Shell and APA Corporation.
Clean Fuel
Uruguay unveils offshore wind-to-hydrogen plan
Uruguay’s state-owned oil and gas company ANCAP, together with the country’s ministries of industry and environment, has presented a plan for green hydrogen production powered by offshore wind, which could see a tender launched in a couple of years. Under the new H2U Offshore programme, ANCAP has ca