trending Market Intelligence /marketintelligence/en/news-insights/trending/tW-2n2Vin6HMNRtvq7bE4g2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Qatar Petroleum acquires 35% stake in 3 offshore Mexican blocks from Eni

Q2: U.S. Solar and Wind Power by the Numbers

Essential Energy Insights - September 17, 2020

Essential Energy Insights September 2020

Rate case activity slips, COVID-19 proceedings remain at the forefront in August

Qatar Petroleum acquires 35% stake in 3 offshore Mexican blocks from Eni

Qatar Petroleum announced Dec. 16 that it acquired a 35% interest in the Amoca, Mizton and Tecoalli blocks in Area 1 of Campeche Bay, offshore Mexico.

The deal is subject to regulatory approvals from the government of Mexico, which once obtained, will allow Eni and Qatar Petroleum to hold a 100% interest in the Area 1 production sharing contract. Eni will remain as the operator.

Initial production is expected to be 8,000 barrels of oil per day by mid-2019 and reach full output of around 90,000 bpd by 2021.

Production will be treated at an existing Pemex facility, Eni said. Two additional platforms will be installed on the Amoca field and one on the Tecoalli field.

The final investment for Area 1 will be $2 billion. The area is estimated to hold 2.1 billion barrels of oil equivalent, which is expected to be 90% oil. Total production is projected to hit 102,000 barrels of oil equivalent by 2021.

With a 65% stake, Eni is also a partner with Qatar Petroleum in Block 24 in the deep waters of the Cuenca Salina Basin in Mexico.