Petrobras eyes Uruguay

摘要

Brazil's state-owned Petrobras has become the first foreign player to buy bid documents for 11 blocks on offer on the Uruguayan Continental Shelf. “The news is very auspicious,” said Raul Sendic, chief executive of Uruguay's state-owned Ancap. At least three other international operators have shown an interest, including Venezuela's PDVSA, in exploration off Uruguay, according to reports.