Mexico
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.
News
April 16, 2019
Talos Energy provides update on Zama appraisal program
News
April 16, 2019
Premier notes the press release by Talos Energy, the operator of Block 7 offshore Mexico, announcing the successful drill stem test (DST) of the Zama-2 side track well (Zama-2ST1).
News
March 24, 2019
Bankers in Guayaberas huddled in Acapulco to roll out a new online payment system and to pledge financial inclusion. But all anyone could talk about in the corridors was the nation’s ailing oil company, Pemex, and a new plan to try and save it.
News
March 21, 2019
Pemex is personal for Andres Manuel Lopez Obrador, who grew up in Mexico’s oil heartland at a time when the state company was a source of national pride.
News
March 17, 2019
Simmons Edeco, supplier of onshore drilling and workover services to the global oil and gas industry, announced that it has opened its second operations base in Mexico.
News
March 04, 2019
Dutch offshore access provider Ampelmann has secured its first contract in Mexico, adding a new region to its global portfolio.
News
March 03, 2019
S&P Global Ratings lowered its outlook for Mexico’s sovereign debt to negative from stable, saying the nation’s shift to limit private sector involvement in energy could lower economic growth prospects.
News
February 26, 2019
After more than a decade of declining production, wasteful spending and a higher tax burden than any other driller in Latin America, it’s little wonder Mexico’s Petroleos Mexicanos is the world’s most indebted oil company.
News
February 26, 2019
The American Petroleum Institute announced that it has joined the newly launched USMCA Coalition, backed by over 200 companies and associations across a wide variety of industries, to urge Congress to approve the U.S.-Mexico-Canada Agreement (USMCA).
News
February 24, 2019
Mexican President Andres Manuel Lopez Obrador has called the Supreme Court dishonest, lambasted Fitch Ratings as hypocritical and accused prior leaders of leaving a pigsty of corruption. But since taking office, he’s never gone after someone the way he has the nation’s energy regulator.
News
February 21, 2019
Mexico President Andres Manuel Lopez Obrador has suspended future Petroleos Mexicanos farm-out bids, putting one of the final nails in the coffin for the 2014 energy reforms that promised to reverse years of oil-production declines with private companies’ involvement.
News
February 13, 2019
Rowan Companies plc has announced that the Rowan Renaissance, an R-Class ultra-deepwater drillship, has been awarded a one-well contract in Mexico by PC Carigali Mexico Operations, S.A. de C.V. for an estimated duration of 80 days that is expected to commence in the second quarter of 2019.
News
January 24, 2019
Talos Energy Inc. has provided an update on the Zama appraisal in Block 7 offshore Mexico. Talos is the operator of Block 7 in a consortium (the Consortium) with its partners Sierra Oil and Gas S. de R.L. de C.V. and Premier Oil Plc.
News
January 22, 2019
Mexican President Andres Manuel Lopez Obrador asked his cabinet to skip this week’s World Economic Forum in Davos to focus on the government’s efforts to stop gasoline theft and attend to a pipeline explosion, according to the nation’s highest-ranking attendee.
News
January 21, 2019
BP reports highlights of its second-half 2018 upstream operations review.
News
January 21, 2019
Mexico President Andres Manuel Lopez Obrador is doubling down on a controversial strategy to end fuel theft at Petroleos Mexicanos after a pipeline explosion caused by an illegal tap left at least 89 people dead and many injured.
News
December 17, 2018
Qatar Petroleum entered into an agreement with Eni to acquire a 35% participating interest in three offshore oil Fields in Mexico.
News
December 16, 2018
Mexican President Andres Manuel Lopez Obrador is boosting Petroleos Mexicanos’ budget to $23 billion (464.6 billion pesos) next year to reverse flagging oil production and increase domestic fuel output.
News
December 16, 2018
Qatar Petroleum is buying stakes in three offshore oil blocks in Mexico from Eni SpA, as the Arab country signs another global expansion deal after leaving OPEC.
News
December 06, 2018
Sparrows Group has signed a five-year blanket order with Pemex Procurement International, Inc. acting on behalf of Pemex Exploracion y Produccion (PEP) to service 41 of its cranes situated on assets in four of the Mexican national oil company’s developments in the region.
