Uruguay’s Offshore Oil Province Could Be Bigger Than Vaca Muerta

July 12, 2026

Uruguay’s Offshore Oil Province Could Be Bigger Than Vaca Muerta | OilPrice.com

Tsvetana Paraskova

Tsvetana Paraskova

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Tsvetana Paraskova is an energy and commodities journalist who has contributed to Oilprice.com for nearly a decade, covering global energy markets, commodities,…

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By Tsvetana Paraskova – Jul 12, 2026, 4:00 PM CDT

  • Major oil companies including Shell, Chevron, Eni, APA, QatarEnergy, and YPF are preparing to drill offshore Uruguay, hoping its geology mirrors Namibia’s recent world-class offshore discoveries.
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