Lukoil, Eni Discussing Possible Swap of Mexico Licences

Thursday, June 21, 2018

Lukoil, Russia's second biggest oil producer, is considering swapping licences with Italy's Eni in Mexico, First Deputy Chief Executive Ravil Maganov said on Thursday.

In March, Eni and Lukoil won offshore exploration and production licences in the Cuenca Salina basin in Mexico.

Eni is set to hold 75 percent in the joint venture which will operate the licence while Lukoil will hold remaining 25 percent.

Lukoil also owns a 50 percent stake in the Amatitlan Block Project, where Petrolera de Amatitlán SAPI de CV acts as project operator.

In 2017, Lukoil also won a tender for Block 12, located in the shallow waters of the Gulf of Mexico.


(Reporting by Oksana Kobzeva; writing by Katya Golubkova; editing by Jason Neely)

Categories: Offshore Offshore Energy Energy

Related Stories

Eni Advances Major Deep Water Gas Hubs with Dual FIDs

Aramco Warns of Severe Oil Market Fallout from Hormuz Blockade

OSV Market: Asia Pacific Downshifts for the Long Haul

Subsea7 Extends Engagement on Türkiye’s Sakarya Field with New Deal

Oil Prices Go Up 3% as Iran Crisis Disrupts Supply

Seatrium Targets $40M Cost Savings in Continued Divestment Drive

Transocean-Valaris Tie-Up to Create $17B Offshore Drilling Major with 73 Rigs

Eni Enlists Shearwater for 3D Seismic Survey in Timor Sea

Samos Energy Buys Suksan Salamander FSO from Altera Infrastructure

Following Big Loss in 2025, Oil Steadies

Current News

Oil Executives Flag Long-Term Impact of Iran Conflict

Oil Rises as Iran Denies US Talks, Supply Risks Persist

CNOOC Names New CEO

Qatar LNG Exports Cut 17% After Missile Strikes, $20B Revenue Loss Expected

China’s Sinopec Plans to Skip Iranian Oil, Tap Strategic State Reserves

IEA Weighs Further Oil Stock Releases as War on Iran Continues

ADNOC Gas Adjusts LNG Output Amid Hormuz Disruptions

US Oil Shield Starts Showing Cracks as Iran War Drives Prices Higher

US to Deploy Amphibious Assault Ship, Marines to Middle East

Indian Gas Tankers Prepare to Sail Through Strait of Hormuz

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com