Radar > 227985

Total seeks to exploit oil well in Uruguay

Total interesada en explotar un pozo petrolífero en Uruguay

Intel ID : 227985
Synopsis

Total (Euronext Paris:TOT), a France-based power distributor, is interested in oil exploration in Uruguay's waters, reported El Diario on 5 August, 2015.

The exploration will be carried out between March and May 2016 in an area of Uruguay's sea platform located 400 km from Montevideo. It will require an investment of USD 150m to USD 200m, financed by the French company.

The well has a 3,400-meter water column, which is the distance between the surface and the seabed. From there, the company will drill up to 3,000 meters deep.
(content in spanish)

La empresa francesa Total (Euronext Paris:TOT) ha mostrado su interés por la búsqueda de petróleo en aguas uruguayas, según ha informado El Diario el 5 de agosto de 2015.

Los trabajos se realizarán entre marzo y mayo de 2016 en una zona de la plataforma marítima uruguaya ubicada a 400 kilómetros de Montevideo y supondrán una inversión de entre USD 150m y USD 200m financiados por la petrolera francesa.

El pozo presentará 3.400 metros de columna de agua, es decir la distancia comprendida entre la superficie y el lecho oceánico, y desde allí se perforará hasta una profundidad de algo menos de 3.000 metros.

Bidder

Total
France

Intel ID 227985
Value ND
Native Currency US Dollar (USD)
Exchange Rate:
Financial Data - Total
(31 Dec 2017)

Net Debt: EUR 0,00m
Exchange Rate:
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Bidder

Name
verified
Subsector (Old TTR Sectors)
Energy and Renewable Energies / Oil and Gas (Primary)
Primary Sector (TTRSC)
20.02.05 Oil & Gas Exploration & Production (Upstream)
20 Energy & Utilities / 20.02 Oil, Gas & Consumable Fuels

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potential Potential: Unconfirmed as a party to an active or possible transaction.

retained Retained: Confirmed as “Retained” with a general or specific mandate.

prospect Prospect: Advisory “Prospect” in discussions with or pitching services to possible client.

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