Bloomberg Anywhere Login


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

BP, BG, Total, Tullow Oil Will Explore for Crude in Uruguay

Oct. 5 (Bloomberg) -- BP Plc, BG Group Plc, Total SA and Tullow Oil Plc signed production sharing contracts for eight deep-water exploration blocks off Uruguay’s coast.

The companies had won the contracts in Uruguay’s second offshore licensing round in March, the government said in a statement today.

“In a few days the first two seismic vessels from Total will arrive and the other companies will start to work in 2013,” said Raul Sendic, president of Uruguayan state oil company Ancap. “Companies will invest around $1.5 billion.”

To contact the reporters on this story: Pablo Gonzalez in Buenos Aires at; Lucia Baldomir in Montevideo at

To contact the editor responsible for this story: James Attwood at

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.