Eni SPA has joined the list of international oil and gas companies awarded licenses in Argentina’s recent bid round (OGJ Online, Apr. 17, 2019).
The company leads a group that will shoot a 3D geophysical survey across Block MLO 124 and conduct other geophysical surveys.
The 4,418-sq-km block is in the Cuenca Marina Malvinas basin about 100 km off Tierra del Fuego. Water depths are 100-650 m.
Eni holds an 80% working interest. Tecpetrol SA and Mitsui & Co. Ltd. hold 10% interests each.