Aug. 10 (offshore-energy.biz) Italian energy giant Eni has struck a deal with Texas-headquartered oil and gas company APA Corporation to acquire a stake in a block off the coast of Uruguay.
APA has signed an agreement with Eni, enabling the Italian firm to become a strategic partner in Block 6 offshore Uruguay.
As a result, the U.S. player will retain a 60% working interest, with Eni funding most of the initial exploration well planned for 2027.
Read full article: https://www.offshore-energy.biz/eni-joins-block-offshore-uruguay-ahead-of-drilling-ops/
Brazil Energy Insight 
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