On May 30, Carlos Treviño, CEO of PEMEX, led the agenda of PEMEX Farmout Day, an event held in Houston. During the event, seven blocks were presented for the upcoming farmout bidding process to take place on Oct. 31. The soon-to-be tendered blocks are: The Artesa, Bedel Gasífero, Bacal Nelash, Cinco Presidentes, Giraldas Sunapa, Juspi […]
by Arturo Mora
Shells makes a new discovery in the GoM, Hokchi Energy sets the bar high for private operators and Jaguar E&P and Vista Oil & Gas sign the first private farmout in Mexico’s history. Meanwhile, PEMEX snaps out from a hefty fine and CNH takes another step in raising the interest in IOR and EOR […]Continue Reading →
Oil and Gas associations stress the importance to protect the industry’s development in a document directed to the presidential candidates, CRE announce the relaunching of an open season for PEMEX and American oil giant Conoco Phillips corners the Venezuelan government by confiscating two cargo shipments.
Eager to see how the industry is going? Continue […]Continue Reading →
Conoco Phillips seizes Caribbean assets of Petroleos de Venezuela (PDVSA) to force the state-run company to pay US$2 billion for the concept of damages caused to the American oil giant by the Venezuelan government’s unilateral step to nationalize hydrocarbons assets back in 2007, under the government of late president Hugo Chavez.
The resolution emitted […]Continue Reading →