Eni SPA has added an interest in 7,500 sq km ultradeepwater Block G as a third block in its holdings in the Indus basin offshore Pakistan.
Eni acquired a 25% interest and operatorship of the block from Oil & Gas Development Corp. Ltd., which retained 25%. Pakistan Petroleum Ltd. and United Energy Pakistan Ltd. each holds 25% interest in Block G.
The block is in an area Eni calls underexplored but promising, and Eni will conduct a multidisciplinary study to define the most appropriate way to explore it.
Eni already has a 60% interest in Block C and a 70% interest in Block N, both of which are near Block G.