Uruguay's Push for Offshore Seismic Campaign and Hydrogen Industry Development
Key Ideas
  • Viridien, a geophysics firm, plans a multiclient 3D offshore seismic campaign in Uruguay's waters, targeting multiple areas awarded by state oil company Ancap.
  • Uruguay's government and Paysandú department collaborate to promote the development of a hydrogen industry, aiming for significant domestic hydrogen production by 2040.
  • HIF Global's ambitious US$6.0bn e-fuels project in Paysandú, along with planned solar PV plants, align with the country's focus on green fuel production and renewable energy.
  • Uruguay's green hydrogen roadmap highlights the country's potential in sustainable aviation fuel production due to access to biogenic CO2 and a highly decarbonized power grid.
Viridien, previously known as CGG, is moving forward with plans for a multiclient 3D offshore seismic campaign in Uruguay, focusing on specific areas in shallow and deep waters over the next few years. Simultaneously, Uruguay is taking steps to boost its hydrogen industry, with the central government and Paysandú department partnering to establish a committee dedicated to promoting hydrogen development. This collaboration includes various initiatives such as skills mapping, research, training, and community engagement. Notably, HIF Global's substantial investment in a $6.0bn e-fuels project in Paysandú aligns with Uruguay's green energy objectives. The country's aim to reach 1Mt/y of domestic hydrogen production by 2040 involves significant expansion of renewable energy capacity and electrolyzers. Leveraging its access to biogenic carbon dioxide and a low-carbon power grid, Uruguay sees a strategic opportunity in the sustainable aviation fuel market. The article illustrates how Uruguay is strategically positioning itself in both the offshore exploration and green energy sectors to drive economic growth and environmental sustainability.
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