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Record Investments, Lower Exports: The Week in Oil and Gas
By Perla Velasco - Thu, 04/04/2024 - 10:20
PEMEX reported a significant increase in gasoline output while it cut export contracts, further advancing López Obrador self-sufficiency goals.
https://mexicobusiness.news/tag/deepwater
More Oil & Gas
Chevron Abandons Deepwater Block
By Perla Velasco - Tue, 09/12/2023 - 10:44
Chevron and Repsol abandon exploration blocks in Mexico, as bidding rounds are not expected to come back in the near future.
CNH Approves Woodside-PEMEX Trion Project
By Karin Dilge - Wed, 08/30/2023 - 13:50
This is Mexico’s first ultra-deepwater venture. CNH hopes it encourages further development in this area.
Transocean Lands Contract in Offshore Mexico
By Perla Velasco - Wed, 07/26/2023 - 13:59
Transocean won a contract with an undisclosed operator for a drillship. The contract is valued at approximately US$518 million.
BP Starts Production at Argos Platform in Gulf of Mexico
By Karin Dilge - Tue, 04/18/2023 - 15:41
The oil giant will start production at its Argos platform with a capacity of up to 140,000b/d.
Wintershall Dea Establishes Full E&P Value Chain in Mexico
By Karin Dilge - Tue, 04/18/2023 - 11:50
Wintershall Dea is working on several projects to establish a long-term partnership in Mexico sharing its expertise in the Mexican oil and gas sector.
Offshore Oil and Gas to Witness Growth by 2025
By Anmol Motwani - Thu, 03/16/2023 - 17:19
The offshore oil and gas sector will grow following an expected US$200 billion of greenfield investment.
Semi-Submersible Platform Key to Explore Mexico’s Deepwaters
By Karin Dilge - Thu, 03/16/2023 - 11:11
Dolphin Drilling’s semi-submersible platforms can help Mexico in the development and exploration of deeper waters, says Fernando Cruz.
Murphy Oil Fails to Find Hydrocarbons in Salina Basin
By Anmol Motwani - Tue, 03/07/2023 - 11:38
The major oil corporation started drilling in Block 5 in 2022 and anticipated to find a substantial amount of commercially viable hydrocarbons.
Dos Bocas to Receive More Money for Its Construction
By Karin Dilge - Thu, 03/02/2023 - 08:58
The Dos Bocas refinery will receive 75% more money than initially planned, reported El Universal. This and more in your weekly roundup!