{"id":26745,"date":"2026-04-19T19:38:59","date_gmt":"2026-04-20T01:38:59","guid":{"rendered":"https:\/\/v2.nrgibroker.com\/noticia\/eni-is-in-talks-to-sell-part-of-a-major-oil-project-in-mexico-to-qatar\/"},"modified":"2026-04-21T08:38:13","modified_gmt":"2026-04-21T14:38:13","slug":"eni-is-in-talks-to-sell-part-of-a-major-oil-project-in-mexico-to-qatar","status":"publish","type":"noticia","link":"https:\/\/v2.nrgibroker.com\/en\/noticia\/eni-is-in-talks-to-sell-part-of-a-major-oil-project-in-mexico-to-qatar\/","title":{"rendered":"Eni is in talks to sell part of a major oil project in Mexico to Qatar."},"content":{"rendered":"

The Italian company is in talks to sell up to 35 percent of its stake in a discovery equivalent to 2 billion barrels of oil, according to Bloomberg sources.<\/strong><\/p>\n

Italian oil company Eni is in discussions to sell a stake in its massive oil discovery in Mexico to Qatar Petroleum International, according to people familiar with the plans.<\/p>\n

The oil company, which currently owns 100 percent of the offshore discovery in the Bay of Campeche and expects to begin production in early 2019, would sell between 20 and 35 percent to Qatar Petroleum, said the source, who asked not to be named because the negotiations are not public.<\/p>\n

Eni is also in talks with other potential buyers, the people said. Eni declined to comment, and Qatar Petroleum did not respond to calls and emails seeking comment after business hours.<\/p>\n

Eni has sought to sell minority stakes in the fields it operates to finance future development and support dividends, generating $9 billion over the past four years with a strategy it calls its ‘dual exploration model’.<\/p>\n

The Rome-based company, which has boasted record production and a string of discoveries, including the giant Zohr gas field in Egypt, won the area in Mexico’s second oil auction in 2015.<\/p>\n

The deal would mark Mexico’s first farm-out (when a company transfers rights to another to help develop an oil area) by a company other than Petr\u00f3leos Mexicanos (Pemex) since the country opened its oil industry to competition in 2013, ending quarter-century of state monopoly over exploration and production.<\/p>\n

Such deals could become more common in Mexico. Poll leader Andr\u00e9s Manuel L\u00f3pez Obrador has said he could suspend oil auctions if he wins the July 1st elections in Mexico, potentially leaving farm-outs as the only option for accessing Mexican waters in the future.<\/p>\n

China’s CNOOC has also said it will seek farm-outs for the blocks it won in Mexico’s first deepwater oil auction in 2016.<\/p>\n

If negotiations are successful, Qatar Petroleum would retain control of an area encompassing the Amoca, Mizton, and Tecoalli shallow-water oil fields in the southern Gulf of Mexico, which Eni estimates may hold the equivalent of 2 billion barrels of oil.<\/p>\n

The Italian driller secured blocks in subsequent bidding rounds in Mexico, including a deepwater block in partnership with Qatar Petroleum.<\/p>\n

For its part, Qatar Petroleum won three additional blocks in the same bidding round in January.<\/p>\n

Eni is one of several European drilling companies that have moved into Mexico’s newly opened oil territory.<\/p>\n

In an auction last month, blocks were awarded to Britain’s BP, France’s Total, Spain’s Repsol, Lukoil, and Germany’s DEA Deutsche Erdoel, among others.<\/p>\n

The next bidding rounds, including one for onshore areas and another for shale, will be held in July and September, respectively, before President Enrique Pe\u00f1a Nieto’s term ends on November 30.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Italian company is in talks to sell up to 35 percent of its stake in a discovery equivalent to 2 billion barrels of oil, according to Bloomberg sources. Italian oil company Eni is in discussions to sell a stake in its massive oil discovery in Mexico to Qatar Petroleum International, according to people familiar […]<\/p>\n","protected":false},"author":18,"featured_media":26765,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[2113],"tags":[],"class_list":["post-26745","noticia","type-noticia","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"acf":[],"_links":{"self":[{"href":"https:\/\/v2.nrgibroker.com\/en\/wp-json\/wp\/v2\/noticia\/26745","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/v2.nrgibroker.com\/en\/wp-json\/wp\/v2\/noticia"}],"about":[{"href":"https:\/\/v2.nrgibroker.com\/en\/wp-json\/wp\/v2\/types\/noticia"}],"author":[{"embeddable":true,"href":"https:\/\/v2.nrgibroker.com\/en\/wp-json\/wp\/v2\/users\/18"}],"replies":[{"embeddable":true,"href":"https:\/\/v2.nrgibroker.com\/en\/wp-json\/wp\/v2\/comments?post=26745"}],"version-history":[{"count":2,"href":"https:\/\/v2.nrgibroker.com\/en\/wp-json\/wp\/v2\/noticia\/26745\/revisions"}],"predecessor-version":[{"id":26847,"href":"https:\/\/v2.nrgibroker.com\/en\/wp-json\/wp\/v2\/noticia\/26745\/revisions\/26847"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/v2.nrgibroker.com\/en\/wp-json\/wp\/v2\/media\/26765"}],"wp:attachment":[{"href":"https:\/\/v2.nrgibroker.com\/en\/wp-json\/wp\/v2\/media?parent=26745"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/v2.nrgibroker.com\/en\/wp-json\/wp\/v2\/categories?post=26745"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/v2.nrgibroker.com\/en\/wp-json\/wp\/v2\/tags?post=26745"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}