On Sept. 19, the Board of Directors of ANCAP, the Uruguayan state-owned oil company with regulatory responsibility for offshore licenses, approved Challenger Energy’s farmout agreement for the AREA OFF-1 license with Chevron. The original deal was announced on March 6.
North Sea at risk unless UK ends windfall tax, industry veterans warn
UK energy leaders Sir Ian Wood and Martin Gilbert are sounding the alarm on North Sea investment,...
