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Eni and Qatar Petroleum in talks for a deal on giant Mexico field category
April 6, 2018
Source: World Oil

Eni and Qatar Petroleum in talks for a deal on giant Mexico field

Eni Spa, the Italian oil major, is in talks to sell 20% to 35% of its stake in its giant oil discovery in Mexico to Qatar Petroleum International. Presently, the negotiation isn’t public. Since Mexico opened its oil industry to competition in 2013, this deal would be the first Mexico farm-out, a joint venture in which help in developing an oil area is exchanged for a stake.

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