Mexican billionaire investor Carlos Slim's team and state energy company Pemex are discussing substantial changes to a deal to develop the country's first deepwater natural gas field, five sources familiar with the matter told Reuters.Slim's…
Offshore drilling contractor Borr Drilling has agreed to receive payment settlement for approximately $125 million with its major Mexican customer, related to its outstanding receivables.The company expects to collect this amount in the first half of February 2025…
Woodside Energy has passed a major milestone for its operated Trion development offshore Mexico with the start of steel fabrication for the semi-submersible floating production unit (FPU).The first cutting of steel for the Trion FPU was marked…
Esgian provides an update on new contract awards for Greatship, Transocean, Noble and Stena Drilling in its Week 36 Rig Analytics Market Roundup.Report SummaryContractsGreatship has secured a contract with Cairn for its 350-ft Greatdrill Chetna jackup drilling rig in India…
Mexico's incoming president tapped academic Victor Rodriguez to be the next top executive of debt-ridden oil giant Pemex on Monday, among the last senior nominations for the country's financially volatile and politically sensitive energy sector…
Mexico's incoming government will encourage state oil producer Pemex to seek equity partnerships with private oil companies, a model out of favor with the current president, in a bid to boost reserves amid towering debt, according to four sources familiar with the matter…
Dutch FPSO leasing specialist SBM Offshore has signed a contract with Woodside for the construction of a floating storage and offloading (FSO) unit for the Trion deepwater oil field, located in the Perdido Belt of the western Gulf of Mexico…
Esgian provides an update on what has been a busy week in the offshore drilling market in its Week 31 Rig Analytics Market Roundup.Report SummaryContractsBorr Drilling has confirmed new contracts for several of its 400-ft jackups, including work for the Arabia I in Brazil…
Esgian provides an update on rig activity and discoveries in its Week 28 Rig Analytics Market Roundup.Report SummaryDrilling Activity and DiscoveriesThe Norwegian Ocean Industry Authority (Havtil) has given Equinor consent for exploration drilling in blocks 32/4 and 32/7 in the North Sea…
Corinth Pipeworks has secured a contract from Woodside Energy, the operator of the Trion deepwater field offshore Mexico, to manufacture and supply approximately 118 kilometers of High Frequency Welded (HFW) steel pipes.The Trion field is located…
Mexico's President Andres Manuel Lopez Obrador said on Friday that businessman Carlos Slim is interested in participating in the country's first deepwater natural gas project, working alongside state energy company Pemex.In March, Reuters reported…
The Zama unit partners - operator Pemex, Wintershall Dea, Talos Energy and Harbour Energy - have awarded the Front-End Engineering and Design contract (FEED) to the French engineering company DORIS for the development of Zama oil field offshore Mexico…
Mexican Pemex crude oil production is down some 20,000 barrels per day following a fire at an offshore platform on Saturday that left several injured and at least one dead, a source at the state energy company said.While the reduction amounts to a 1% decrease…
At least one contractor was killed after a fire struck an offshore platform operated by Mexico's national oil company Pemex, the firm said in a statement on Sunday, adding that two others were in 'grave' condition.A total of nine workers suffered…
Mexico's state energy company Pemex said on Saturday that a fire broke out at one of its platforms in the Gulf of Mexico, adding that it had activated emergency protocols and contained it but that nine workers were injured in the accident.Pemex…