Italian oil giant Eni announced on Thursday the discovery of oil at the shallow-water Amoca field in Campeche Bay, allowing the company to hasten its development plans, the company said in a statement.
The new well, Amoca-3, “encountered 10 meters of net oil pay (25 – 27 API°), in several […]Continue Reading →
The outlook for tenders in Mexico’s oil and gas industry came into clearer focus this week with the disclosure of the next rounds for deepwater, onshore conventional and non-conventional resources and shallow waters, according to information obtained by Mexico Oil & Gas Review.
CNH will announce Rounds 2.4 and 2.5 in July, Round 3.1 in […]Continue Reading →
With the first four stages of Round One out of the way, mid-2017 will see the initiation of the National Hydrocarbons Commission’s second leg of licensing rounds: Round 2.1, 2.2 and 2.3. The success of December’s deepwater round is still fresh and hopes are high for the onshore and shallow water rounds to be […]Continue Reading →
As US President Donald Trump locks in his ascension to power at Friday’s inauguration, analysts studying the outlook of Mexico’s oil and gas industry face a complex task. While the IMF predicts “US-related uncertainty” will sap Mexico’s economic growth in 2017, the country’s opening oil and gas sector is still celebrating the resounding success […]Continue Reading →
As of January 16, 13 companies have initiated the prequalification process for Round 2.1, the shallow water exploration and extraction contract auction process that Mexico’s National Hydrocarbons Commission (CNH) intends to award in June 19 of this year. According to CNH’s website, the companies are:
The auction, originally planned for March 22, […]Continue Reading →
PEMEX imported diesel by train for the first time ever in January 2017, said the head of the NOC’s trading branch PMI Comercio Internacional, Isaac Volin. The development marks a milestone in Mexico’s opening energy industry, since the country previously received fuel imports by pipelines and seaports only.
Volin’s comments, made in a recent interview […]Continue Reading →