- Eni (E +0.5%) says it has been cleared by Mexican authorities to begin development of three oil fields in the Gulf of Mexico's Bay of Campeche.
- Eni says the combined reserves for the three fields total ~800M barrels of oil and 480B cf of associated gas, and that it will move quickly on an appraisal campaign to confirm the reserve estimates.
- Eni in October won all of the shares in the three fields included in the Mexican government's auction.