MIWEN is an upstream oil and gas exploration company focused on Uruguay’s offshore sector. The company manages exploration acreage on the country’s Atlantic Margin, advancing early-stage geological evaluation and project development.
MIWEN operates as a wholly owned subsidiary of YPF, supporting its parent company’s international exploration portfolio. Its activities typically include seismic acquisition and interpretation, prospect maturation, and regulatory compliance associated with offshore exploration programs.
Enters OFF-5 as operator with 50% interest alongside MIWEN; OFF-5 in first exploration period with studies under way; agreed 40% interest in adjacent OFF-6.
The agreement awaits Uruguayan approval. Block OFF-5 spans 16,883 km² in deep waters, enhancing Eni's exploration portfolio and collaboration with YPF.