Investors are delighted. Yesterday, the information related to deepwater seismic studies and well packages, including guidelines, specifications, procedures, cost, and required forms was released by CNH. A total of 55 wells off the coasts of Tamaulipas, Veracruz, and Tabasco will be tendered in 20 blocks. This information is situated in the data room and has been divided […]Continue Reading →
Note: It is our pleasure to invite you to attend the Mexico Oil & Gas Summit on Wednesday 22nd July, 2015, taking place one week after the announcement of the winners of the shallow water exploration phase of Round One. As the premier event of the Mexican oil and gas calendar, the Mexico Oil & […]Continue Reading →
Shock waves are going through the global oil and gas markets. Oil prices have received a substantial low-blow over the past month and today the WTI sits just under US$6 per barrel, the Brent is at US$69 and the Mexican crude oil basket hovers at US$59.
Evidenced in EIA’s Short-Term Energy Outlook published this past […]Continue Reading →
One of the most important transactions to the global oil and gas industry took place this past Thursday November 13th: O&G engineering giant Amec decided to take over Foster Wheeler. Now, Amec Foster Wheeler, has combined forces to take on projects in over 50 countries, including Mexico. With a workforce that adds up to 40,000, […]Continue Reading →
Perhaps one of the most ambitious projects that PEMEX has announced is already fast-tracking its way into international headlines. As is already known, Lakach and its satellite gas giants Kunah and Piklis are Mexico’s new milestone in gas findings. Even though the country relies primarily on imports of natural gas, the possibility of tapping into […]Continue Reading →
Farm-outs, joint-ventures, and the fresh rendering of Mexico’s hydrocarbon sector backed by the Energy Reform have caught the attention of the international oil and gas industry, where the unprecedented changes in the country are a simmering reality that has kept the expectation at a constant high. Time is only ticking for the first set of […]Continue Reading →