Mexico
News
September 09, 2019
Mexico’s balanced budget for next year depends in part on its oil company boosting production by about 17%, something that the country hasn’t achieved in almost four decades.
News
August 22, 2019
Trelleborg’s offshore operation has been awarded a fast track contract to produce over 80 laminated elastomeric bearings for MODEC, a leading specialist for offshore floating solutions.
News
August 22, 2019
Mexico usually buys put options from a small group of investment banks, starting as early as May, in what’s considered one of Wall Street’s largest -- and most secretive -- annual oil deals.
News
August 08, 2019
Pemex received approval from Mexico’s National Hydrocarbon Commission (CNH) for a $10-billion, 25-year investment commitment to develop onshore and offshore exploration opportunities.
News
August 07, 2019
PJ Valves, the specialist manufacturer and supplier of valves for the global energy industry, has been awarded three significant FPSO valve contracts for projects in Brazil, Mexico and Nigeria.
News
July 30, 2019
Pemex won’t get a cash infusion from the country’s rainy-day fund, even as crude output declines and refineries idle.
News
July 26, 2019
AMLO seeks to invest $8-billion in a new refinery, modeled after Reliance's Jamnagar compound, while current refineries run below capacity and Mexico imports foreign fuel to meet demand.
News
July 16, 2019
Mexico’s Petroleos Mexicanos aims to balance its budget by 2021 and reverse a decade and half of declining crude production as early as next year.
News
July 11, 2019
The surprise departure of Mexico’s finance minister has the state oil company’s watchers biting their nails.
News
July 09, 2019
Mexico’s moratorium on auctioning off its oil riches to foreign producers is giving a leg up to nearby rivals Brazil and Guyana.
News
July 09, 2019
Siemens will provide MODEC with three 34-megawatt (MW) SGT-A35 gas turbine power generation packages that will power MODEC’s floating production, storage, and offloading (FPSO) vessel.
News
July 03, 2019
Trelleborg’s offshore operation has been awarded a major multi-million-dollar contract by Mexican state-owned petroleum company, Pemex, for Elastopipe.
News
June 28, 2019
Maersk Drilling has secured contracts for a two-well project for the drillship Maersk Valiant with Repsol Exploración Mexico, S.A. de C.V. for work in Block 10 and 29 offshore Mexico in the Gulf of Mexico.
News
June 27, 2019
Premier has announced that it has significantly increased its resource estimate of Zama field offshore Mexico, following its evaluation of the data acquired from the highly successful Talos Energy-operated Block 7 Zama appraisal campaign.
News
June 26, 2019
Talos Energy Inc. today provided an update on the Zama appraisal program in Block 7, located in the offshore portion of Mexico's prolific Sureste basin.
News
June 10, 2019
Oceaneering International, Inc. has secured a contract to perform the first-ever deepwater Autonomous Underwater Vehicle (AUV) survey in Mexican waters.
News
June 07, 2019
Fitch Ratings downgraded Petroleos Mexicanos for a second time in five months, plunging the world’s most indebted oil company into junk status.
News
June 02, 2019
Mexico is kicking off the construction of its $7.7 billion (150 billion peso) oil refinery amid a call by President Andres Manuel Lopez Obrador for the country to become self-sufficient in energy production.
News
May 31, 2019
U.S. oil refiners could get hit if crude is included in President Donald Trump’s threatened 5% tariff on Mexican goods.
News
May 20, 2019
The oil & gas industry can be proud of the opportunities it creates in developing countries.
News
April 30, 2019
McDermott International, Inc. has announced the award of a contract by Eni México for engineering, procurement and construction of wellhead platform one (WHP1) to be installed in the Amoca field, located approximately 18 mi (30 km) offshore Dos Bocas in southeast Mexico.
