This week Pemex sent a letter of intent to shipyard Hijos de J. Barreras (HJB) in Galicia, Spain, as a means to acquire 51% of the company’s stock. According to the letter signed by Pemex directors, the main goal behind the acquisition of the Spanish shipyard is to “transfer the technological knowledge of [...]Continue Reading →
The PECOM “Exposición y Conferencia del Petroleo de México” 2013, was inaugurated on April 9th at around 7:30 PM. The inauguration ceremony was followed by the ribbon cutting and VIP tour of the stands -with the presence of Arturo Núñez Jiménez, governor of Tabasco- and finally a welcoming cocktail.
The next day, important [...]Continue Reading →
Jaws dropped; rumours confirmed; verification received: Pemex is doing a great job in deepwater exploration.
Five and a half weeks ago, people involved [...]Continue Reading →
Now that Enrique Peña Nieto has been confirmed as the next Mexican President elect, it seems like a good moment to revisit the question of energy reform, based on conversations conducted with key players in the oil and gas industry over the last few weeks, and see what this means for the upstream sector in [...]Continue Reading →
In a ceremony held today at Los Pinos, the Mexican President’s official residence, President Felipe Calderón, along with Energy Minister Jordy Herrera and Pemex CEO Juan José Suárez Coppel, announced the discovery of light crude at Pemex’s Trión-1 well, in the Perdido folded belt. The announcement marks the end of Pemex’s unfulfilled search for [...]Continue Reading →