Galp Energia signs an agreement for exploration and production in UruguayExploration and Production Agreement • February 9th, 2010
Contract Type FiledFebruary 9th, 2010Galp Energia and its consortium partners Petrobras and YPF have signed today in Montevideo, an exploration and production agreement for the Uruguayan continental platform with Acap, the national oil company of Uruguay. The agreement follows the production sharing agreement model, which is also applicable to Galp Energia’s blocks in Angola.