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  • Eni awarded a high potential exploration block in Argentina’s offshore
    édité le 20/05/2019 - Plus de news de "ENI" - Voir la fiche entreprise de "ENI"


Eni awarded a high potential exploration block in Argentina’s offshore
The Argentinian authorities officially awarded the exploration license of offshore block MLO 124 to an Eni-led consortium. The award is the outcome of the consortium’s successful bid in the International Bid Round “Ronda Costa Afuera n. 1” held on 16 April 2019.

Block MLO 124 is located offshore in the Cuenca Marina Malvinas (the Malvinas Basin), some 100 kilometers off the coast of Tierra del Fuego, and encompasses an area of 4,418 square kilometers in water depths ranging from less than 100 to 650 meters.

Eni holds 80% working interest and is the Operator of a consortium, which also includes Tecpetrol S.A. and Mitsui & Co. Ltd., with 10% each.

The activity to be completed during the four years of the First Phase of the Exploration Period mainly consists in a 3D geophysical survey covering the entire block and other geophysical potential field surveys.

Eni has been present in Argentina since 1991 with its subsidiary Eni Argentina Exploración y Explotación S.A., which owns a 30% working interest in the offshore concession “Tauro-Sirius”, located in Tierra del Fuego’s shallow water.

About ENI

Eni is an integrated energy company employing more than 34.000 people in 69 countries in the world. Eni engages in oil and natural gas exploration, field development and production, as well as in the supply, trading and shipping of natural gas, LNG, electricity and fuels. Through refineries and chemical plants, Eni processes crude oil and other oil-based feedstock to produce fuels, lubricants and chemical products that are supplied to wholesalers or through retail networks or distributors.


Origine : Communiqué ENI

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