Mexico upstream news
Talos Energy announces transaction with Pan American Energy to cross-assign interests offshore Mexico
The company has announced that it has entered into a transaction with Hokchi Energy, a subsidiary of Pan American Energy LLC, to cross assign the Company's Participating Interest in Block 2 and Hokchi's PI in Block 31, both in the Sureste Basin offshore Mexico.
MODEC awarded letter of intent by Eni Mexico related to FPSO
The company has announced that it has received a letter of intent for supply, charter, and operations of a Floating Production Storage and Offloading vessel from Eni Mexico S. de R.L. de C.V., a wholly owned subsidiary of Eni S.p.A.
GlobalData: Pemex’s new discoveries leave the company aligning with new administration plans, mitigating its permanent decline
Following Carlos Treviño’s, Pemex CEO, announcement of two new discoveries, Manik-101A and Mulach-1, in Mexico’s shallow water opposite Tabasco state,
For a sustained growth in oil production Mexico’s new government will need to resume bidding rounds sooner rather than later
Following recent statements by Fluvio Ruiz Alarcon, Adrian Lara, Senior Oil and Gas Analyst at GlobalData, offers his view on the impact on the upstream sector.
Sempra Energy's subsidiary IEnova, BP sign contract for liquid fuels terminal in Baja California, Mexico
The company has announced that its Mexican subsidiary, IEnova has signed a long-term contract with British Petroleum for the remaining 50% of the initial capacity of the proposed Baja Refinados liquid fuels marine terminal in Baja California, Mexico.
McDermott Awarded EPCI Subsea Tieback Contract from PEMEX for Ayatsil Pipelines
McDermott International, Inc. have announced a sizeable contract award by PEMEX Exploración y Producción for subsea pipeline flowline installation in support of its Ayatsil field, located 50 miles northwest of Ciudad del Carmen in the Bay of Campeche offshore Mexico.
GlobalData: Mexico’s new government offers nothing new with its refining optimisation strategy
Adrian Lara, Senior Oil and Gas Analyst at GlobalData, a leading data and analytics company, offers his view on the impact on the upstream sector.
GlobalData: Delaying Mexico’s 2018 bidding rounds is a smart move by CNH
Following the news that Mexico’s hydrocarbons agency re-scheduled bidding rounds 3.2, 3.3, and onshore farm-out round for February 2019, which was originally planned for the second half of 2018.
DEA becomes operator of three exploration blocks in Mexico
Deutsche Erdoel Mexico, the subsidiary of the German E&P company DEA Deutsche Erdoel AG, and its partners have signed the contracts for the offshore blocks 16, 17 and 30.
IFR announce production testing to commence at TEC-10 well
International Frontier Resources Corporation (IFR) joint venture Tonalli Energia, in partnership with Mexican petrochemical leader Grupo IDESA, announced that service equipment is being mobilised for stimulation and production testing after successfully receiving a perforation permit for the TEC-10 well.