Mexico Targets 50% Jump in Oil Output
Mexico aims to lift oil and gas production by almost 50 percent in the next six years and in January will award infrastructure and drilling contracts to develop 20 fields, state oil firm Petroleos Mexicanos said on Saturday.Octavio Romero…
Mexico Auctions Two-thirds of Blocks in Shallow Water Oil Tender
Mexico on Monday auctioned two-thirds of the shallow water oil and gas blocks up for grabs in the latest round of its energy market opening, surpassing the cautious estimates of officials last week. Italy's Eni, Colombia's Ecopetrol and Capricorn Energy…
Mexico Regulator Approves Eni's $177 Mln Work Program
Mexico's oil regulator on Thursday approved a scaled-down $177 million work program for the three offshore blocks won last year by Italian energy group Eni, which includes drilling four wells. The work program covers activities through 2017…
PETRONAS Signs Contract with Schlumberger for Campeche Basin Seismic Survey
Schlumberger announced today that PETRONAS, through its wholly-owned subsidiary, PETRONAS (E&P) OVERSEAS VENTURES SDN. BHD., has signed an agreement to license a significant part of the WesternGeco Campeche wide-azimuth (WAZ) deepwater multiclient seismic survey in the southern Gulf of Mexico.
Multiclient Wide-Azimuth Deepwater Seismic Survey in Campeche Basin
Schlumberger has announced that PETRONAS, through its wholly-owned subsidiary, PETRONAS (E&P) OVERSEAS VENTURES SDN. BHD., signed an agreement to license a significant part of the WesternGeco Campeche wide-azimuth (WAZ) deepwater multiclient seismic survey in the southern Gulf of Mexico.
Mexico Oil Regulator Oks Auction Terms For 15 Shallow Water Areas
Mexico's oil regulator approved auction terms on Tuesday for 15 shallow water areas in the Southern gulf of Mexico, set to be bid out in March of 2017 as part of a rolling series of auctions following a sweeping energy opening. The first…
Schlumberger, Statoil Execute Multiclient WAZ Survey in Campeche Basin
Schlumberger announced today that Statoil Gulf of Mexico LLC has signed an agreement to license a large part of the WesternGeco Campeche wide-azimuth (WAZ) deepwater multiclient seismic survey in the southern Gulf of Mexico. The license…
Blast at Pemex GoM Platform Rattles Energy Markets
An explosion hit a platform in a major shallow water field operated by Mexican state oil company Pemex in the southern Gulf of Mexico on Monday, local media reported. An explosion hit a platform in a major shallow water field operated by…
Mexican Offshore Rig Accident Kills 2 Workers
Mexican oil company Pemex said an accident on Tuesday has left an offshore maintenance rig in the southern Bay of Campeche listing, killing two workers, but has not affected crude production. Pemex said the Troll Solution rig, which was…
Accident Reported on Offshore Rig off Mexico
An accident on an offshore rig in the southern Gulf of Mexico has injured 10 people, local media reported on Tuesday, but state oil company Pemex had no immediate details on the incident, saying only that no platform had sunk. Local newspaper…
Mexico OKs 5 Shallow Water Areas in Round One Oil Tender
Mexico has approved draft auction terms for five shallow water areas containing around 355 million barrels of oil equivalent (boe) as part of its Round One tender opening up oil fields to foreign investors, the country's energy regulator said on Friday.
Mexican Alfa Tie-up with Pemex for Onshore Exploration
Mexican conglomerate Alfa He is interested in participating in association with the state oil company Pemex Exploration Projects in fields on earth, aunque también hacerlo the rule in shallow waters, dijo el viernes el director de Energía the company, Raul Millares.
Pemex Resumes Light Crude Sales to U.S. West Coast
Mexico's Pemex has quietly begun shipping light Isthmus crude to a variety of West Coast refiners this year, according to U.S. and Reuters data, resuming such sales after a six-year hiatus. The state-run oil company, which exported only about 100…
Mexico's Pemex Quietly Resumes Light Crude Sales To U.S.
Mexico's Pemex has quietly begun shipping light Isthmus crude to a variety of West Coast refiners this year, according to U.S. and Reuters data, resuming such sales after a six-year hiatus. The state-run oil company, which exported only about 100…