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YPF and Eni form joint venture for offshore hydrocarbon exploration in Uruguay
ClarínLO·AR · IT · UY·2 days ago
Eni has acquired operatorship of an exploration block offshore Uruguay, partnering with YPF's subsidiary MIWEN. This marks Eni's first operatorship in the country, signaling a strategic expansion in the emerging South Atlantic hydrocarbon province. The move underscores growing international interest in Uruguay's offshore potential, though exploration outcomes remain uncertain.