Mexico to auction 29 deep-sea exploration zones on 31 January
Pemex, ExxonMobil, Shell are among the drillers contemplating bids.
Browse the latest mexico upstream news news and articles.
Pemex, ExxonMobil, Shell are among the drillers contemplating bids.
Petrofac has announced that it has completed the migration of the Santuario Production Enhancement Contract (PEC) into an interest in a Production Sharing Contract (PSC).
Petrofac and Schlumberger have announced that Petrofac has sold its 50% interest in Petro-SPM Integrated Services S.A. de C.V to Schlumberger. Petro-SPM operates the Pánuco Integrated Service Contract in Mexico. Schlumberger now owns 100% of Petro-SPM.
PETRONAS’ subsidiary PC Carigali Mexico Operations, S.A. de C.V., has been awarded shallow water Block 6 in the Gulf of Mexico’s Salina Basin.
ION Geophysical Corporation has announced that its imaging services supported the historic Zama-1 discovery offshore Mexico made by Talos Energy, LLC (Talos) and their partners.
Premier Oil has made a key oil discovery in the Zama-1 exploration well in Block 7, offshore Mexico.
BP continues to make progress in shifting its exploration portfolio toward natural gas and advantaged oil.
Ecopetrol S.A has been awarded shared production contracts for hydrocarbon exploration and extraction, along with Petronas and Pemex.
Programme covers both conventional and unconventional lease blocks
Premier has announced that the Zama-1 exploration well in Block 7 (Premier equity 25%) in the shallow water Sureste Basin, offshore Mexico, was spudded at 0630 on 21 May 2017.
Senior figures from Mexico’s national oil company, Pemex, have been discovering the secrets of the UK subsea sector’s success and how it has revolutionised the way in which hydrocarbons have been extracted from beneath the seabed during a fact-finding visit to Aberdeen.
Hydrocarbon production from the ‘Golden Triangle’ – incorporating the deepwater (>500 m water depth) plays of Brazil, the US Gulf of Mexico and West Africa – will peak in 2019 due to the lack of projects sanctioned in recent years.