
Mexico not planning to reopen oil and gas auctions in 2020
Mexico's President Andres Manuel Lopez Obrador made the announcement at a press conference this week.
Browse the latest mexico upstream news news and articles.

Mexico's President Andres Manuel Lopez Obrador made the announcement at a press conference this week.

The company has expanded its teams in the Middle East and Mexico.

The Zama appraisal programme in Block 7 in Mexico's Sureste Basin is operated by Talos in a consortium with Sierra Oil & Gas and Premier Oil.

GulfSlope Energy will retain and deploy a supra salt evaluation team consisting of three geoscientists and a manager to identify, evaluate and recommend targets for lease acquisition, farm-in and drilling.

The contracts are for a two-well project in Block 10 and 29 in the Gulf of Mexico.

The company's interest has been sold to the existing partners in the Block 5 exploration licence, subsidiaries of Murphy Oil Corporation, Wintershall Dea and Petronas.

The engineering work is expected to begin immediately, and the contract will be reflected in McDermott's 2Q19 backlog.

The programme is in Block 7, located in the offshore portion of Mexico's prolific Sureste Basin.

Mitsui and MOL have participated in a long-term charter business operated by MODEC for the purpose of providing a FPSO for use in the Area 1 block.

The company has been awarded multiple pipelaying and construction services contracts by Protexa.

With the deal, DEA enhances its presence in Mexico and its long-term commitment to the country’s oil and gas industry.

Under this award, Borr will deliver a total of 9 offshore development wells to its customer under an integrated services model.