Russian oil producer Lukoil said on Nov. 6 it had signed a deal with Italy's Eni on blocks 10, 12 and 14 in Mexican shallow waters.

Lukoil said it would assign a 40% stake in Block 12 to Eni while retaining 60% stake and remaining operator of project.

In turn, Eni will assign 20% stakes in blocks 10 and 14 to Lukoil but remain operator of both projects.