The terms of December’s Trion farm-out have been loosened for a second time in recent months after Mexico’s oil exploration and extraction regulator CNH ruled on Oct. 15 that companies qualified as operators can bid individually in the tender.
Previous terms required them to bid in groups.
This could lead to a single operator winning […]Continue Reading →
On September 29, the Mexican Association of Hydrocarbon Companies (AMEXHI) announced that Alberto de la Fuente, President and Director General of Shell México, was unanimously elected as President of the association for the 2016-2018 term.
In an excerpt from an exclusive interview with El Financiero Review, Alberto de la Fuente, President and Director General of […]Continue Reading →
PEMEX sold US$4 billion in bonds and also carried out a debt swap for around US$1.6 billion in a bid to fortify the state-owned oil giant’s financial situation, the company said this week.
Of the resources obtained by the bond issuance, approximately US$1.5 billion was used to repurchase bonds due in 2018 and 2019, in […]Continue Reading →
Malaysia’s oil & gas services provider giant SapuraKencana is in the process of building a US$113 million 18km gas pipeline to connect platforms E-KU-A2 and CA-AJ-1(J4) of the Ku-Maloop-Zaap (KMZ) heavy oil crude field in Mexico’s Campeche Sound.
The contract, awarded in July to the company by Mexico’s state-owned oil firm PEMEX, was obtained through […]Continue Reading →
Mexico Oil & Gas Review will be attending the Petroleum Economist Mexico Energy Strategy Forum on Thursday October 6th, at Mexico’s City’s Reforma Four Season Hotel to learn about the progress of Mexico’s ground-breaking energy reforms and network with the country’s key players, policy makers and investors.
The keynote speaker of the event will […]Continue Reading →
During last week’s Energy Day 2016, hosted by the British Chamber of Commerce, a panel of experts discussed corruption and its effects on the Mexican oil and gas industry. As the energy market opens up due to the Energy Reform passed in 2013, anti-corruption and transparency efforts are a hot topic for potential investors and […]Continue Reading →