Mexico

News
December 01, 2024
(Bloomberg) – Mexican state oil company Petroleos Mexicanos is putting a freeze on new contracts with service providers as the company works to pay off the roughly $20 billion it owes suppliers.
News
November 16, 2024
Rival Downhole Tools has announced its continued international expansion with the establishment of new legal entities, personnel, and facilities in Canada and Mexico, as well as strategic partnerships in Saudi Arabia, the UAE and Europe.
News
October 28, 2024
(Bloomberg) — National oil companies tend to be more bloated and less efficient than their private-sector counterparts. Yet Petroleos Mexicanos, with a workforce of about 128,000, stands out even among its state-owned peers. 
News
September 12, 2024
bp has chosen ABS to support its deepwater Kaskida project in the Gulf of Mexico. ABS will provide classification and engineering verification for the project's new semisubmersible production unit.
News
September 08, 2024
Slim has consistently ramped up his investments in Talos and US refiner PBF Energy Inc. over the past year in a sign that the 84-year-old billionaire sees plenty of upside in the oil and gas industry. In his native Mexico, Slim has partnered with Talos to explore one of the country’s most promising new discoveries in decades.
News
September 03, 2024
STRYDE, the company behind the world’s smallest, fully autonomous seismic node, has announced the signing of two significant contracts with Servicios Sísmicos de Exploración (SSE) and SeisGlobe Geoservices.
News
August 27, 2024
Mexico’s President-elect Claudia Sheinbaum appointed energy economist Victor Rodriguez Padilla to lead state-owned oil driller and refiner Petroleos Mexicanos as her administration looks to revive the company’s flagging production and trim its nearly $100 billion debt burden.
News
August 20, 2024
Arbol Grande is a construction and subsea vessel, delivered in 2003 with specifications tailor made for the Mexican market. The vessel has been used as an accommodation and topside maintenance support vessel for several IMR contracts involving saturation- and air diving, as well as other light construction support operations.
News
August 15, 2024
TDI-Brooks has successfully completed a geotechnical coring project for Geohidra in the Southern Gulf of Mexico. The operation, conducted aboard the MV Laguna Azule, involved thirty-two cone penetration tests using the Neptune 3000 system.
News
August 14, 2024
Petroleos Mexicanos has reached a deal with an oilfield-services provider to drill in the Gulf of Mexico as the heavily indebted state energy company turns to the private sector to boost crude production.
News
August 08, 2024
The newbuild FSO, based on a Suezmax-type hull, will be equipped with a Disconnectable Turret Mooring (“DTM”) system designed by SBM Offshore. The FSO will be moored in water depth of about 2,500 m and will be able to store around 950,000 bbl of crude oil.
News
July 08, 2024
Eni has made a new discovery on the Yopaat-1 EXP exploration well in Block 9, approximately 63 km off the coast in the mid-deep water of the Cuenca Salina in the Sureste basin offshore Mexico. The preliminary estimates indicate a discovered potential of around 300-400 MMboe of oil and associated gas in place.
News
July 07, 2024
Slim’s Grupo Carso agreed to a deal with Mexico’s state-run Petroleos Mexicanos to explore and extract from Lakach, a deepwater field discovered in 2007 about 98 km (61 miles) southeast of the city of Veracruz. Carso will team with Houston-based Talos Energy and a local unit of Spain’s Fomento de Construcciones y Contratas SA to develop Lakach.
News
June 10, 2024
The FEED work will be based on the scope of the Unit Development Plan approved by the Mexican Hydrocarbon Commission (CNH) last year. It covers the planning of two offshore platforms, 68 km of pipelines and cables as well as a new onshore facility, fully dedicated to the Zama project, located in the Dos Bocas Maritime Terminal, in Paraiso, Tabasco.
News
April 17, 2024
Investors in ExxonMobil Corp. have the excitement of huge discoveries in Guyana, and TotalEnergies SE and Shell Plc can look to promising deep-water finds in Namibia. But for bp, real value lies in an intensely drilled region where the company has decades of experience — the Gulf of Mexico.
News
April 07, 2024
Akal-B, which is part of the Cantarell production complex, produces 200,000 bopd 900,000 cfgd. The fire began where gas fuel pipes feed the platform’s turbo machinery.
News
February 26, 2024
Woodside's decision to use Dril-Quip's BigBore IIe Subsea Wellheads will leverage the system's field-proven sealing technology and 2 MM lb. lockdown capacity. The BBIIe system eliminates lockdown sleeves during drilling and production, which can save rig time and reduce costs.
News
February 14, 2024
Woodside announced that the Trion oil and gas project has received approval for its Social Impact Assessment from the Mexican Ministry for Energy.
News
January 09, 2024
When complete, Trion will have a production capacity of 100,000 bpd and connect to a 950,000 bbl capacity floating storage and offloading vessel.
News
December 20, 2023
Hess Corp. was the high bidder in a U.S. auction for drilling rights in the Gulf of Mexico, which raised a total of $382 million from oil giants before the Biden administration imposes a two-year hiatus for future sales.
News
December 20, 2023
Woodside Energy has awarded a major contract to Mexican company Eseasa Offshore, S.A. de C.V. to supply shore base facilities and services for Woodside’s operations supporting the Trion oil and gas project offshore Mexico.
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