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Eni CEO Claudio Descalzi. Image courtesy of Eni/Flickr.

Italy’s Eni said Tuesday it’s gearing up to kick off a new offshore drilling campaign at three fields in the Gulf of Mexico.

The company signed a production sharing contract with Mexico’s Comisión Nacional de Hidrocarburos of Mexico to develop and explore the Amoca, Miztón and Tecoalli oil fields in the Bay of Campeche.

Eni was awarded the rights for the “development and exploitation” of the three fields, located inside “Area 1,” on September 30 following an international tender.

The fields are in conventional waters at a depth of 65 to 131 feet, in an area where Eni said it “possesses proven expertise and where it operates worldwide with high efficiency and low operating costs.”

According to official estimates by the CNH, the combined oil volumes in place for the three fields are about 800 million barrels of oil and 480 billion cubic feet of associated gas.

Eni will now proceed with the delineation campaign for the fields by drilling four new wells, with the goal of identifying a synergistic and fast track development plan.