Eni came out on top of a nine-way contest for Block 1, beating Norway’s Statoil, Germany’s Dea, China’s CNOOC and Russia’s Lukoil, as well as consortia of smaller independents and Mexican start-ups.
The Italian major’s apparent high bid for the Amoca-Mizton-Tecoalli area offered an 83% profit share to the state and a 33% increase in investment.
Argentina consortium Pan American Energy and E&P Hidrocarburos y Servicios came out on top in a five-way scramble for Block 2, proposing a state profit share of 70% and a 100% increase in investment in the Hokchi area.
Block
