After months of lower-level production, the Italian IOC is greenlit by CNH to develop two contractual areas off the coast of Coatzacoalcos, Veracruz.
For the first time ever, private operators have surpassed the 100Mb/d mark while PEMEX increases crude exports to the US to replace Russian fuel.
PEMEX, CFE at risk of breaking ESG compliance, while the NOC is being called to increase budget allocation to reduce greenhouse gas emissions.
Mexico is to set aside US$5.81 billion for natural gas projects, while the country could be the beneficiary of Fortress Energy’s investment plans.
Wintershall Dea will drill two exploratory wells off the coasts of Veracruz and Tabasco, as part of the modifications to its IEP in the area.