Ongoing data reprocessing program at block off Uruguay to back farmout process targeted for mid-2025

(ofshore-energy.biz) Isle of Man-headquartered oil and gas player Challenger Energy Group (CEG) is carrying out a data reprocessing program at a shallow water exploration block off the coast of Uruguay, expected to back a formal farm-out process anticipated to commence in mid-2025. A program of reprocessing work is underway at the AREA OFF-3 block to secure... Continue Reading →

25 new blocks in the Campos and Espirito Santo Basins may soon be included in the Permanent Concession Offer

The board of the National Petroleum Agency (ANP) approved the inclusion of 25 exploratory blocks in the list of those being studied for possible inclusion in the Permanent Concession Offer (OPC). In total, the blocks represent an area of ​​approximately 18 thousand km² and are geographically located in the SC-AUP1, SC-AUP2 and SC-AP1 sectors of... Continue Reading →

Funding Latin America’s Energy Transition

(oilprice.com) Several countries across Latin America have made ambitious climate pledges over the last few years, but can they deliver on their promises? The region is well known for its oil and gas production, as well as for its rapidly expanding critical mineral industry. Using experience from already strong energy sectors, can countries such as... Continue Reading →

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