Miwen

Energy, Oil & Gas

Eni takes 50pc stake in Uruguay’s offshore OFF-5 block

Sun, 30 Aug 2026

Eni has signed an agreement with MIWEN, a wholly owned subsidiary of YPF, and Uruguay’s national oil company ANCAP to enter the OFF-5 offshore exploration block, following regulatory approval from Uruguayan authorities. Eni will operate the block with a 50 per cent interest.