Mexico
News
November 06, 2017
Petroleos Mexicanos announced its biggest onshore discovery in 15 years, just three months after Mexico reported the first major find by private companies, bolstering the nation’s efforts to revive its oil industry.
News
October 31, 2017
Mexico spent about 24 billion pesos ($1.25 billion) to lock in prices of oil exports for next year, or more than 21% what it paid to hedge crude a year ago, according to Finance Ministry data.
News
October 20, 2017
Since the first shale gas export terminal opened in Louisiana last year, America’s drillers have seen at least 75 cargoes of their fuel sail through the Panama Canal bound for markets in Asia.
News
October 19, 2017
Fugro, in conjunction with long-time associates, Constructora Subacuática Diavaz, S.A. de C.V., has been awarded a large survey contract by Mexico's national oil company, Pemex.
News
October 16, 2017
Mexico has completed its annual oil hedge for 2018, which will lock in an average export price of $46/bbl of crude, Deputy Finance Minister Vanessa Rubio said in an interview.
News
October 03, 2017
BHP Billiton Ltd. is getting closer to drilling its first oil wells in Mexico’s deep waters.
News
September 26, 2017
Eni successfully drilled the Miztón-2 well, in the shallow waters of Campeche bay, offshore Mexico, boosting the estimates of the resource in place for Contractual Area 1 to over 1.4 Bboe.
News
September 25, 2017
InterMoor, a leading provider of mooring services, foundation solutions, and offshore installations in subsea services group Acteon, has moored the first privately-operated rig in Mexico’s offshore waters since 1938.
News
September 19, 2017
BP Energía México, BP’s natural gas marketing and trading arm in Mexico, has started to deliver approximately 200,000 MMBtu a day of natural gas to Mexico, making BP one of the first private companies to supply natural gas to the domestic market under the country’s energy reform measures.
News
September 15, 2017
Cnooc Ltd. is searching for partners to develop oil prospects deep into the Gulf of Mexico as the Chinese giant extends its global reach.
News
September 04, 2017
Officials from the U.S., Canada and Mexico will start to tackle some of the tougher issues in the North American Free Trade Agreement as they discuss labor, dispute resolution and rules of origin for products at a negotiating session in Mexico City, according to two people familiar with the schedule.
News
September 04, 2017
Hurricane Harvey’s crushing blow to the U.S. energy industry reveals just how dependent Mexico has become on natural gas from its northern neighbor.
News
August 25, 2017
The recovery in the global land drilling market, led by North America, is being sustained, according to first half figures from Westwood Global Energy Group, energy market research consultancy firm. The drive, both in the U.S. and internationally, for drilling wells with longer laterals and on multi-well pads, is creating demand for high-horsepower, modern rigs that can minimize time between each well.
News
August 22, 2017
Petrofac and Schlumberger announced that Petrofac has sold its 50% interest in Petro-SPM Integrated Services S.A. to Schlumberger.
News
August 03, 2017
ION Geophysical Corporation has announced a new 3D multi-client broadband reimaging program offshore the Western Gulf of Mexico, using the Mexican National Hydrocarbons Commission (CNH) data library.
News
August 02, 2017
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.
News
July 31, 2017
Talos Energy LLC, as operator, together with its joint venture partners Sierra Oil and Gas S. de R.L de C.V. and Premier Oil Plc, has announced that the Zama-1 exploration well, offshore Mexico, has completed drilling operations, reaching a TD of 13,480 ft (4,109 m). Zama-1 is the first offshore exploration well to be drilled by the private sector in Mexico.
News
July 31, 2017
Premier Oil has provided the following update on drilling operations in the North Sea, Mexico and Indonesia.
News
July 24, 2017
Mexico's national oil company Pemex said on Monday that recent bond placements totaling about $5 billion would cover its minimum financing needs through the end of 2018.
News
July 19, 2017
Mexico's oil regulator, the National Hydrocarbons Commission, set Jan. 31 as the date for the next round of auctions for deepwater oil and gas tenders in the Gulf of Mexico.
News
July 17, 2017
Mexico will delay its next offshore oilfield auctions by a month, giving international bidders more time to evaluate recent major crude discoveries that highlight the potential value of the assets.


