Eni Takes Over Exploration Block Offshore Uruguay
11 Articles
11 Articles
Eni has signed an agreement with Miwen and Administración Nacional de Combustibles Alcohol y Pórtland (Ancap), Uruguay's state-owned oil company, to enter the OFF-5 exploration block, located off the Uruguayan coast, in a move to expand its presence in the country. Exclusive content for subscribers. For full access, follow the link to the article and register.
The Italian ENI expanded its presence in offshore exploration in Uruguay after formally joining the OFF-5 area, where it assumed as operator of the block. The agreement was signed together with MIWEN — a subsidiary of YPF — and the National Fuel, Alcohol and Portland Administration (ANCAP), after approval by the Uruguayan authorities. According to...
The firm took place on Friday August 28 in Montevideo and made effective the agreed cession nine months ago, over an area of 16,883 square kilometers 200 kilometers from the coast. The Argentine oil company maintains the exposure to the exploratory result, but gives way to the technical conduct of a campaign that has not yet reached the drilling stage.
MILAN (ITALPRESS) Eni signed together with MIWEN (fully controlled by YPF) and the national Uruguayan oil company ANCAP, the official entry into the exploratory block OFF-5 in the offshore of Uruguay, after obtaining the approval of the Uruguayan authorities. It is announced by the Company, emphasizing in a note that Eni is now operator of the OFF-5 block with a [...]
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