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Sept 7 (Reuters) - Argentina's rugged Patagonia is drawing increasing interest from investors searching for sites for mega data centers who are enticed by the region's cool temperatures, renewable energy, shale gas and empty stretches of land. As tech giants known as hyperscalers race worldwide to build server farms and run into roadblocks amid anti-data-center... Continue Reading →
Aug. 31 (OE) Eni has, together with MIWEN (a wholly owned subsidiary of YPF) and the Uruguayan National Oil Company ANCAP, signed an official agreement for the entry in the OFF-5 exploration block offshore Uruguay, following approval by the Uruguayan authorities. Eni is now the operator of the OFF-5 block with a 50% interest, alongside... Continue Reading →
Aug. 10 (offshore-energy.biz) Italian energy giant Eni has struck a deal with Texas-headquartered oil and gas company APA Corporation to acquire a stake in a block off the coast of Uruguay. APA has signed an agreement with Eni, enabling the Italian firm to become a strategic partner in Block 6 offshore Uruguay. As a result, the U.S.... Continue Reading →
July 21 (offshore-energy.biz) Canada-headquartered oil and natural gas exploration player Sintana Energy has shed light on the latest activities in Latin America, confirming the advancement of its offshore plans in Argentina and an extension for the Chevron-operated block off the coast of Uruguay. According to Sintana, the National Administration of Fuels, Alcohol and Portland Cement... Continue Reading →
CJuly 12 (oilprice.com) ompanies are gearing up for exploration drilling in deepwater blocks offshore Uruguay in the hope that the South Atlantic margin offshore South America could hold a lot of oil, similar to the recent discoveries offshore Namibia in Africa. Uruguay, with a limited exploration drilling history of three wells spudded, all dry,... Continue Reading →
12 June 2026 – Trafigura has received a licence from Brazil's National Electric Energy Agency (ANEEL) to trade wholesale power in Brazil, marking the company’s entry into Latin America’s largest and most developed power market. With the licence now granted, Trafigura’s Brazil power desk is positioned to participate actively in the country’s electricity market. The desk... Continue Reading →
March 29 (ANCAP) On March 25, new companies formally joined Areas OFF-2 and OFF-7, operated by Shell, within the framework of the existing hydrocarbon exploration and production contracts. QatarEnergy entered Areas OFF-2 and OFF-7, while Chevron also joined Area OFF-7, as non-operating partners in all cases. As a result, in Area OFF-2, Shell now holds... Continue Reading →
March 6 (OE) Viridien has kicked off the Charrua 3D multi-client seismic survey offshore Uruguay, marking a new phase of exploration activity in the country’s offshore basins. Data acquisition will be carried out by the vessel BGP Prospector, with the company applying seismic imaging technologies including time-lag full-waveform inversion (TLFWI) to produce high-resolution subsurface images.... Continue Reading →
Feb. 23 - Africa and South America are expected to lead high-impact exploratory drilling in 2026, with a forecast of 19 and 15 wells, respectively, according to the consulting firm Westwood Global Energy Group. In Brazil, the highlights are the Tupinambá well, from BP, and the Morpho well, from Petrobras. In total, the company estimates... Continue Reading →
Nov. 26 (oilprice.com) Eni has signed a deal to acquire a 50% interest and operatorship of the offshore exploration Block OFF-5 in Uruguay from Argentina’s YPF, marking a fresh push into one of the Atlantic Margin’s least explored basins. The transaction, announced from San Donato Milanese, will take effect once validated by Uruguayan authorities. The 16,883-km² block... Continue Reading →
Brazil Energy Insight 