Six relevant oil discoveries, for an estimated  339 million barrels, have been made in Mexico during the first months of 2020. One of these discoveries was from the Italian-based, multi-national company, ENI. ENI’s deposit amounts to 143 million barrels of oil and 68 thousand square feet of gas. The other five discoveries have been made by PEMEX, for a total of 102 million barrels of oil…

Eni, a multinational oil and gas company headquartered in Italy, has been granted 3 of 10 offshore blocks awarded by Mexico’s National Hydrocarbon Commission (CNH) in the Sureste Basin, in the Gulf of Mexico. This result boosts Eni’s presence in a market that only opened up to foreign investments in 2014, in line with the country’s Energy Reform, and which has huge growth potential. The award is…