Eni S.p.A. (BIT:ENI) signed an agreement to acquire 50% stake in Exploration Block OFF-5 in Uruguay from YPF Sociedad Anónima (BASE:YPFD) on November 25, 2025. Eni signed an agreement for the acquisition of a 50% share and operatorship in the exploration Block OFF-5.

The agreement will become effective after the approval of the Uruguayan authorities.