Nine Oil Firms Table Bids for Ronda Uruguay II

Nine Oil Firms Table Bids for Ronda Uruguay II

Uruguay’s state-owned petroleum company, ANCAP, has announced that nine oil companies have placed nineteen bids for exploration and production offshore Uruguay.

Bids come from oil majors for the 15 blocks offered by the Uruguayan government for the oil exploration and production in the Oriental del Plata, Pelotas and Punta del Este offshore basins.

Uruguay’s second offshore licensing round (Ronda Uruguay II) attracted interest of eleven oil companies but nine of them qualified for the bidding process.

UK’s BP and the BG Group, France-based Total, Dutch Shell, Tullow Oil Plc and Exxon Mobil Corp. all filed the bids. Furthermore Spain’s Cepsa, Murphy Oil and Argentina’s YPF were among the bidders.

The marine platform is already explored by a consortium of Petrobras, YPF and Galp, that were the bidding winners in the first Uruguay Round in 2009. According to ANCAP authorities there is a big increase in the oil sector interest on the Uruguayan offshore, when compared with the first bid where only six oil companies asked for qualification.

ANCAP is expected to come up with the results of the bidding later during the day.

Offshore Energy Today Staff, March 30, 2012; Image: ANCAP

 

Share this article

Follow Offshore Energy Today

Events>

<< Jul 2019 >>
MTWTFSS
1 2 3 4 5 6 7
8 9 10 11 12 13 14
15 16 17 18 19 20 21
22 23 24 25 26 27 28
29 30 31 1 2 3 4

Uganda International Oil and Gas Summit 2019

Uganda International Oil & Gas Summit will once again examine the industry’s developments…

read more >

8th OIL & GAS AFRICA 2019 CONFERENCE

OIL & GAS AFRICA is one of the most prime regional & international Oil and Gas conferences in East Africa…

read more >

Gas Indonesia Summit 2019

Gas Indonesia Summit & Exhibition is returning for the fourth edition in Jakarta…

read more >

Shanghai Int Petrochemical and Offshore Oil & Gas and Chemical Industry Technology and Equipment Exhibition 2019

cippe Shanghai has attracts both…

read more >

Jobs>

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply