Eni cleared by Mexican authorities to develop oilfields in Gulf of Mexico

Eni cleared by Mexican authorities to develop oilfields in Gulf of Mexico

Italian oil and gas multinational Eni has been cleared by Mexican authorities to develop some oil fields offshore Mexico in the Bay of Campeche, it was announced on Tuesday.

The fields to be explored and developed are the Amoca, Miztón and Tecoalli fields, which are all relatively shallow at between 20 and 40 metres deep and all close to shore.

Eni, which is partly owned by the Italian government, has entered into a Production Sharing Contract (PSC) with Comisión Nacional de Hidrocarburos of Mexico (CNH), which is a technical, independent body that supports the Ministry of Energy in implementing Mexico’s hydrocarbon policy.

CNH estimates that the three fields contain about 800 million barrels of oil and 480 billion cubic feet of associated gas.

Donal Scully

With 28 years experience writing and editing for newspapers in the UK and Hong Kong, Donal is now based in California from where he covers the Americas for Splash as well as ensuring the site is loaded through the Western Hemisphere timezone.

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