Challenger Energy plans to begin a farm-out process for its 100%-owned AREA OFF-3 licence in September 2025 following ...

Challenger Energy has transferred a 60% interest in the block to US-based Chevron's subsidiary, Chevron Mexico Finance, Sucursal Uruguay for a cash consideration of $12.5m (514.93m pesos).

Chevron acquired a 60 percent operating stake in Uruguay's offshore AREA OFF-1 block, located in an area deemed to have similar geophysical properties with the Orange Basin in Africa.

Chevron Corporation CVX has entered into a major deal with Challenger Energy Group to acquire 60% of the stakes in the AREA OFF-1 block through its wholly-owned subsidiary, Chevron Uruguay ...

Chevron Uruguay Exploration Ltd. expects to move forward with 3D seismic acquisition offshore Uruguay after farming into the license as operator. In March, Challenger Energy Group plc agreed to ...

Chevron will lay off 15% to 20% of its global workforce by the end of 2026, the U.S. oil company said on Wednesday as it seeks to cut costs, simplify its business, and complete a major acquisition.

Chevron Corporation CVX has entered into a major deal with Challenger Energy Group to acquire 60% of the stakes in the AREA OFF-1 block through its wholly-owned subsidiary, Chevron Uruguay Exploration ...