July saw the election of Mexico’s next President, Andrés Manuel López Obrador, who is losing no time in drafting Mexico’s oil and gas future. Meanwhile, Equinor advances in its Troll development and Ecopetrol strikes oil.
Ready to fuel up? Here’s your weekly news roundup:
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June closed with positive news for Mexico’s oil and gas industry, from pipelines nearing completion to high volume discoveries and CNH’s licensing round blocks as investment magnets for the country. Meanwhile, Petrobras and Ecopetrol are capitalizing on their respective oil and gas opportunities, while Saudi Aramco is sitting on 2MMb/d of idle capacity.
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As the effects of the continuous implementation of the Energy Reform continue to be felt throughout the Mexican oil and gas industry, it becomes important for Mexico to define the role that it wants to play within its international energy paradigm. However, in order to answer this question one must first […]
by Pedro Alcalá
Pemex’s success of exploration in deepwater in the last twelve months set a high international standard. Carlos Morales Gil, Director of Pemex Exploration and Production, puts it down to the company’s budget flexibility and patience to allow the expertise to develop in order to execute its deepwater programme. This is but one of several examples […]Continue Reading →