Eni will be Operator of Block 24 with 65% in joint venture with Qatar Petroleum with 35%.

Block 24 is the outcome of the fourth international competitive bid round called under “Ronda 2” by the National Hydrocarbon Commission (CNH), and allows Eni to build up and consolidate a new core area with significant operational synergies in the Country.

In Mexico Eni already holds a 100% stake in Area 1 in the Cuenca Salina Basin, and it has already submitted the Development Plan to the approval of the local authorities. Eni also holds operatorship in other 3 exploration and production blocks in the same basin: Block 7 (Eni 45%), Block 10 (Eni 100%), Block 14 (Eni 60%).

Eni is present in Mexico since 2006 and established its wholly-owned subsidiary Eni Mexico S. de R.L. de C.V. in 2015.