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 revolutionized the way in which hydrocarbons have been extracted from beneath the seabed during a fact-finding visit to Aberdeen…
Pemex’s CEO José Antonio González Anaya shared his reflections on his first year in the state-owned firm’s top job at this year’s CERAWeek by IHS Markit, saying that some of his policies and attempts to reduce Pemex’s serious debt have not made him a popular person…
Chevron and Inpex will make their entry into the Mexican Gulf of Mexico, following an agreement signed between the US supermajor, Japanese giant, and Mexico’s Petróleos Mexicanos (Pemex), for the exploration of Block 3 North in the Perdido Fold Belt…
Audrey Leon speaks with Karim Lassel, Director General, CGG México, to get the company’s perspective on Mexico’s geology, the energy reform, and much more. CGG’s sister vessels, the Oceanic Sirius and Oceanic Vega…
Mexico’s energy reform has weathered both the storms of public scrutiny as well as the bad luck of launching during a global oil price downturn. Despite the challenges, Mexico has seen some modest success, but will it continue? Audrey Leon reports…
Reinvigorated following recent energy reforms, Mexico’s oil and gas industry will be on full display at the Petroleum Exhibition & Conference of Mexico (PECOM) in Villahermosa, Tabasco, this March. A…
The Bureau of Ocean Energy Management (BOEM) and Mexico’s Agency for Safety, Energy and Environment (ASEA) signed a letter of intent today to strengthen cooperation, coordination and information sharing on environmental matters related to offshore hydrocarbon activities in the Gulf of Mexico…
Several keynote speakers have been added to the 23rd annual Petroleum Exhibition & Conference of Mexico (PECOM) conference that will be held in March 2017 in Villahermosa, Tabasco Mexico. Image from OE Staff…
Mexico’s Petróleos Mexicanos (Pemex) is looking to turn its financial structure around in 2017 by placing, repurchasing, and exchanging bonds. Image from Pemex. Yesterday (3 October)…
Petronas entered into a deal to license a part of the WesternGeco Campeche wide-azimuth (WAZ) deepwater multiclient seismic survey in the southern Gulf of Mexico. The deal was reached through Schlumberger and Petronas subsidiary, Petronas (E&P) Overseas Ventures…
China Oilfield Services Ltd. (COSL) signed a rig and logistics integrated service contract with Mexico’s Hokchi Energy S.A de C.V. as part of the country’s energy reform. The COSLHunter, from COSL…
Mexico's state oil regulator, the Comisión Nacional de Hidrocarburos (CNH), has revealed 26 companies that have qualified to participate in the country's so-called Round 1.4, in Mexico's deepwater offshore. The companies pre-qualified in the fourth phase of Mexico's historic Round One…
Wood Group Mustang and Grupo Diavaz, a Mexican oil and gas operator and services company, have created a joint venture engineering business to capitalize on Mexico's energy reform. Mustang Diavaz is based in Mexico City and will provide engineering…
Much ado has been made over Mexico in the last three years as the country turned a new page and opened its industry to foreign investment. PECOM 2016 crowd. Images from OE Staff. Make no mistake…
Mexico’s federal government is taking measures to strengthen Petroleos Mexicanos’s (Pemex) financial position by providing a total liquidity of some US$4.2 billion (73.5 billion MXN), Mexico’s Secretariat of Finance and Public Credit (SHCP) announced today…