CNH has approved PEMEX’s development plans for 10 fields, which total US$10.5 billion in investments. Last Wednesday, CNH approved PEMEX’s plans to develop the shallow water Octli field through an investment of US$330.5 million to take the field from drilling to decommissioning by 2039.
This is the tenth early production field development plan […]Continue Reading →
This week’s Interview of the Week is with José Arráiz, Country Manager of EXPRO, where we discussed what his company’s technology brings to the field of deepwater well testing and their general experiences working in Mexico. José Arráiz of EXPRO
Q: What is EXPRO’s specific value proposition for the Mexican oil and gas sector?
A: […]Continue Reading →
Pajaritos Petrochemical Complex (Photo credit: liberal.com.mx)
Admitting that excessive public financing of certain sectors in the energy industry, such as petrochemicals, would generate unnecessary debt, AMLO finalized an agreement last Wednesday for private investment with industry leaders in the Business Coordinating Council (CCE).
The agreement stipulates that the majority of petrochemical investment will be privatized […]Continue Reading →
The new administration has made it clear that fulfilling ambitious production goals is its top priority, with PEMEX leading the charge. But production from private operators must play a decisive part in reaching these milestones as well, Director General of AMEXHI Merlin Cochran said Thursday at the Mexico Oil & Gas Summit 2019 in Mexico […]Continue Reading →
As offshore development continues to occupy more of the spotlight with Tuesday’s publication of PEMEX’s business plan that shows the NOC focused almost exclusively on shallow waters, it becomes increasingly necessary to highlight the successes and potential of Mexico’s onshore fields, particularly those developed though previous bidding rounds, as highlighted by panelists on Thursday in […]Continue Reading →
Although the Dos Bocas refinery project continues to attract the most attention within the new administration’s portfolio of flagship infrastructure and development projects, this initiative can only be understood within the larger context that calls for a massive reactivation of Mexico’s National Refining System, Director General of IMP Marco Antonio Osorio said today in Mexico […]Continue Reading →