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Will oil exploration in Uruguay be successful?

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Please use this identifier to cite or link to this item: http://hdl.handle.net/1928/20573

Will oil exploration in Uruguay be successful?

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Title: Will oil exploration in Uruguay be successful?
Author: Inter-American Dialogue’s Latin American Energy Advisor
Subject(s): Latin America
Uruguay
Ancap
BP
BG Group
Total
Tullow Oil
oil
offshore bidding
oil and gas development
private investment
José Mujica
hydrocarbon exploration
conventional hydrocarbons
Abstract: Four oil companies won bids to explore for oil off Uruguay's coast, state oil company Ancap announced March 30. They will invest a combined $1.56 billion over three years of exploration efforts, and Ancap will hold a minority stake in each of the concessions. How successful was Uruguay's oil auction? What do the results indicate about the possibility of future discoveries? What has the country done right to attract investment and where could it improve?
Date: 2012-03-16
Publisher: Inter-American Dialogue
Citation: Inter-American Dialogue’s Latin American Energy Advisor, April 16-20, 2012; pp. 1, 5-6.
Description: Re-posted with permission from the publishers as a PDF document as part of an Institutional Repository collection to aggregate energy policy, regulation, dialogue and educational materials.
URI: http://hdl.handle.net/1928/20573
Available at: http://www.thedialogue.org

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