Italy 's energy giant Eni SpA (E) Thursday said it has agreed with Petroleos de Venezuela SA to create a mixed enterprise to exploit the Perla field's 170 million barrel condensate gas reserves.

The new enterprise will be 60% owned by PDVSA and 40% owned by Eni, the company said in a statement.

It added that the agreement was reached during a visit by Eni's chief executive Paolo Scaroni to Venezuela , where he met Rafael Ramirez, Venezuelan minister of petroleum.

Eni said the two leaders discussed the progress and future activities of development of projects related to the Perla super-giant field project, one of the largest gas fields discovered in recent years, and the Junin-5 heavy oil field project. The Perla is a giant offshore gas field in the Gulf of Venezuela .
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