Eni buys 32% stake in three Argentina Vaca Muerta upstream blocks

Eni signed a share purchase agreement to acquire a 32% stake in three upstream blocks in Argentina's Vaca Muerta basin. Post-closing ownership will be split between YPF (36%), Eni (32%), and XRG (32%), pending regulatory approval. The acquisition supports an integrated LNG development project targeting 12 million tons per year via two floating units, expanding Eni's gas exposure and LNG-linked volumes.

Eni signed an SPA to acquire a 32% interest in three upstream blocks in Argentina’s Vaca Muerta basin. * Post-closing ownership set at YPF 36%, Eni 32%, XRG 32%, subject to regulatory clearances. * Assets underpin the Argentina LNG integrated development, targeting 12 million tons-a-year capacity via two 6 MTPA floating LNG units. * Deal expands Eni’s upstream gas exposure while adding LNG-linked volumes for international marketing. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Eni S.p.A. published the original content used to generate this news brief on June 29, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here