Eni adds acreage offshore Argentina to its portfolio

The Argentinian authorities have officially awarded the exploration license of offshore block MLO 124 to an Eni-led consortium.

Eni said on Monday that the award is the outcome of the consortium’s successful bid in the International Bid Round “Ronda Costa Afuera n. 1” held on April 16, 2019.

A total of 38 blocks were on offer in the licensing round, the first open bid round for Argentinean offshore acreage in more than 20 years.

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