Energy, Oil & Gas

Eni takes 50pc stake in Uruguay’s offshore OFF-5 block

Eni has signed an agreement with MIWEN, a wholly owned subsidiary of YPF, and Uruguay’s national oil company ANCAP to enter the OFF-5 offshore exploration block, following regulatory approval from Uruguayan authorities. Eni will operate the block with a 50 per cent interest....

Energy, Oil & Gas

QatarEnergy takes stakes in three Uruguay offshore exploration blocks

QatarEnergy has acquired stakes in three offshore Uruguay exploration blocks from Shell’s BG International, including 18 per cent in OFF-4, 30 per cent in OFF-2, and 30 per cent in OFF-7, strengthening its partnership with Shell, Chevron, and APA Corporation across key exploration assets....