Shell, APA win exploration blocks offshore Uruguay

Uruguay’s state-owned energy company ANCAP has awarded three of six available offshore blocks on its continental shelf through an open bidding round.

Shell (through subsidiary BG International Ltd.) won the rights to two blocks: shallow-water block OFF-2 and deepwater block OFF-7. Apache Corporation, now a subsidiary of APA Corporation, was awarded block OFF-6. Block OFF-1 was previously awarded to Challenger Energy.

In blocks OFF-2 and OFF-7, Shell committed to an exploration program comprising the evaluation of the oil geology and prospective resources, investment in 3D, gravimetric and magnetometric modeling and information licensing.

In OFF-6, APA will undertake the drilling of an exploratory well within four years, the evaluation of oil geology and prospective resources, and the licensing of information.

The bids are subject to approval before ANCAP can issue contracts.

Kim Biggar

Kim Biggar started writing in the supply chain sector in 2000, when she joined the Canadian Association of Supply Chain & Logistics Management. In 2004/2005, she was project manager for the Government of Canada-funded Canadian Logistics Skills Committee, which led to her 13-year role as communications manager of the Canadian Supply Chain Sector Council. A longtime freelance writer, Kim has contributed to publications including The Forwarder, 3PL Americas, The Shipper Advocate and Supply Chain Canada.
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