Economic diversification plans, aimed at unfolding Uruguay’s hidden potential for hydrocarbon exploration, amid many uncertainties and volatilities of the global petroleum market, are seen as catalyst for the development of the country and are instrumental to the fluidity of trade in the South American region. Pablo Soria de Lachica, globally acclaimed foreign exchange expert and leader in financial services industry, outlines new investment opportunities for off-shore drilling in the Uruguayan coastal basin. News came in as Total, a France-based multinational, integrated energy producer and provider announced to unearth oil and gas from the well 250 kilometers off the Atlantic coastline, in more than 3,400 meters of water, and 3,000 meters below the seabed. Being the first offshore well drilled in Uruguay in the last four decades, the project has attracted a lot of attention from industry experts, traders, and international…