Eni Agrees for Qatar Petroleum to Get 30% Interest in Tarfaya in Farmout Agreement
13 Marzo 2019 - 6:40AM
Noticias Dow Jones
By Donato Paolo Mancini
Eni Spa (E) has agreed to a farmout agreement enabling Qatar
Petroleum to acquire a 30% participating interest in Tarfaya
Offshore Shallow Petroleum Agreement, which comprises 12
exploration blocks offshore Morocco, the company said
Wednesday.
The Tarfaya area covers a total area of about 23,900 square
kilometers (9,228 square miles). Eni currently holds a
participating interest of 75% through Eni Maroc, while the Office
National des Hydrocarbures et des Mines holds 25%. Eni acts as
operator.
The agreement is subject to authorization by the Moroccan
authorities, Eni said.
Write to Donato Paolo Mancini at
donatopaolo.mancini@dowjones.com; @donatopmancini
(END) Dow Jones Newswires
March 13, 2019 08:25 ET (12:25 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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