Italy’s Eni finds success in Mexico’s oil upstream

Oil Markets

Italy’s Eni has been one of the most successful drillers in Mexico. One of many E&P companies active in Mexico’s upstream auctions following the country’s 2013-2014 liberalization, Eni was the first independent to produce in Mexican waters in 2019. Most recently, Eni announced a 200 million boe discovery at the Yatzil well in the Salina sub-basin, and has just been given approval to drill another offshore exploration well.

Jeff Mower, director of Americas oil news, and Sheky Espejo, Mexico energy correspondent, discuss what Eni’s success means for Mexico’s struggling oil output.

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