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Our work in Argentina

We have been operating in the country since 1991 and today we are active in the Exploration & Production sector with an exploration licence in block MLO 124, which was assigned to us as part of a consortium in 2019.


Activities in the Malvinas basin

We operate in the country through the subsidiary Eni Argentina Exploración y Explotación S.A. , which in 2019 was assigned the licence for MLO 124 Block, located in the Malvinas Basin southern offshore, about 100 km from the coast. The area covers ​​4,418 square km, with a water depth ranging from about 100 to 650 metres. The licence is held by a consortium operated by Eni with an 80% interest, and Tecpetrol S.A. and Mitsui & Co. Ltd. with 10% each. The planned activity for the four years of the first exploration period phase will mainly consist of three-dimensional geophysical prospecting of the area. Finally, we hold 30% interest in the offshore concession "Tauro-Sirius", located in the shallow waters of Tierra del Fuego.