Acquisitions and Divestitures News in Uruguay

Petrobras Concludes the Sale of Assets in Uruguay
2/5/2021 - Petroleo Brasileiro S.A., Petrobras, following up on the release disclosed on October 2, 2020, informs that its indirect subsidiary Petrobras Uruguay Sociedad Anonima de Inversion (PUSAI), concluded...
Petrobras on Sale of Assets in Uruguay
10/2/2020 - Petrobras, following up on the release disclosed on February 4, 2020, informs that its indirect controlled company, Petrobras Uruguay Sociedad Anónima de Inversiones (PUSAI), signed with DISA Corporac...
Bahamas Petroleum Announces Uruguay Offshore Licence Award
6/9/2020 - Bahamas Petroleum Company has announced that, in its efforts to expand the Company's portfolio options, it has been awarded the AREA OFF-1 petroleum licence offshore Uruguay.

Highlights<...
Statoil Added to the Consortium of Oil Exploration in Block 14
4/7/2016 - The president of Ancap, Marta Jara, and the authorities of the Total companies, ExxonMobil and Statoil signed a contract that Total, operator of Block 14 hydrocarbon exploration in the Uruguayan sea p...
Statoil Strengthens Its Position in Uruguay
2/15/2016 - Statoil has signed a farm-in agreement with Tullow to acquire a 35% working interest in offshore exploration block 15 in the Pelotas basin, deepening its position in Uruguay. ...
Statoil to Explore Offshore Uruguay
2/1/2016 - Statoil Uruguay B.V. (Statoil) has agreed with Total E&P Uruguay B.V. (Total) to acquire 15% working interest in offshore exploration block 14 in Uruguay. ...
BP to Relinquish Three Offshore Blocks in Uruguay
8/3/2015 - British oil major BP has halted its deepwater exploration activities off Uruguay as it prioritizes lower-risk projects at a time of low international prices, an official at Uruguay's state-owned oil c...
Petrel Energy Farming out Uruguay Concessions
6/9/2015 - Following the receipt of unsolicited interest from several parties regarding early stage participation in its Uruguay concessions, Petrel Energy Limited and, its 51% owned partner-operator, Schuepbach...
Petrel Increases Stake in Uruguay & Spain
12/16/2013 - Petrel Energy Limited has exercised its first option with Schuepbach Energy International LLC (SEI) for US$5.5m increasing its interests in the Norte Basin Uruguay project from 25% to 51% and its inte...
Petrobras to Sell Uruguay Assets to Shell
10/4/2013 - Petrobras announces that its Executive Board has approved the sale of its participation in the companies owners of Blocks 3 and 4, in Punta del Este Basin, Uruguay, to Shell for US$ 17 million.
INPEX Acquires 30% Interest in Block 15
5/9/2013 - Inpex Corporation is pleased to announce that through its subsidiary, Inpex Uruguay, Ltd., it has signed an agreement to acquire a 30% participating interest in exploration Area 15 (the Block) offshor...

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