SAN DONATO MILANESE, Italy – Eni has agreed to take a 25% operating interest in an exploration license offshore Pakistan.
This covers the 7,500-sq km (2,896-sq mi), ultra-deepwater offshore Indus block G, in Pakistan’s Indus basin. The joint venture managing the block comprises state companies OGDCL (25%) and PPL (25%), Eni, and United Energy Pakistan (25%).
Planned activities will include a multi-disciplinary study to define the best way forward for exploring the acreage.
Eni already has interests in offshore Indus block C (60%) and block N (70%), both close to the newly acquired concession.
The company claims to be Pakistan’s largest international producer, with average equity production of about 58,000 boe/d.