Italy’s Eni scores big in latest Mexico oil tender
Italian oil major Eni is the day’s big winner of Mexico’s latest oil tender round that awarded 10 out of 15 shallow-water blocks in the Gulf of Mexico, in the latest opening since a landmark reform in 2013 paved the way for private investment in the sector.
In March, Eni announced a “significant” oil discovery at a block it won in a tender in 2015. On Monday, the company won one block in its own right after beating out four other bidders. It also scored two other blocks, one in a consortium with Capricorn, a unit of UK oil group Cairn Energy, and Mexican company Citla, and the other in consortium just with Citla.
Source: Financial Times