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Offshore & subsea - 07 March 2024

Farm-out of 60% of area off-1 block in Uruguay to Chevron

Challenger Energy has announced that it and its wholly-owned Uruguayan subsidiary, CEG Uruguay SA have entered into a farm-out agreement with Chevron Uruguay Exploration Limited , a wholly-owned subsidiary of Chevron Corporation related to a 60% interest in the AREA OFF-1 block, offshore Uruguay.