The Energy Reform has expanded PEMEX’s horizons and will permit it to look for participation opportunities outside Mexico, José Antonio Escalera Alcocer, Director of Exploration at PEMEX E&P, told the Mexico Oil & Gas Summit 2017 on Wednesday at the Mexico City Hotel Sheraton María Isabel.
“As a company, PEMEX had been invited to participate […]Continue Reading →
Imagine you are an operator and one of your valve suppliers notifies you they detected an issue with one of your oil rig valves. How much time and resources would it take to determine: how many valves did you purchase in a certain period, where are they exactly located, which ones are under-performing and […]Continue Reading →
The classic demand and supply dynamic will determine how quickly Mexico develops its natural gas pipeline, panelists said at the Mexico Oil & Gas Summit 2017 as they reflected on the challenges and opportunities that Mexico’s fast-growing pipeline network entails.
“We are experiencing a transformation. From having a government controlled industry, we are now going […]Continue Reading →
How does local content factor into the making of a national flag? “Where does the material, the labor force and the infrastructure investment behind its production come from?” asked Hector Rocha, Partner Energy Sector at EY, holding aloft a Mexican flag to start his presentation at the Mexico Oil & Gas Summit 2017 on Wednesday […]Continue Reading →
Low oil prices have forced companies to reinvent themselves and their capabilities, while trying to capitalize on every long and short-term opportunity the country offers, agreed panelists at the Mexico Oil and Gas Summit 2017 as they reflected on their supply-chain cost strategies for surviving depressed prices.
“In the past few years, the industry has […]Continue Reading →
Hydrocarbons regulatory CHN announced today it would delay Round 2.4, scheduled for December, until Jan. 31, 2018 to give companies time to analyze the recent discoveries at Zama-1, Amoca-2 and Amoca-3. Thirty blocks will be bid during Round 2.4. The regulatory also said a new rule would apply to the rounds: if both maximum added […]Continue Reading →