Shells makes a new discovery in the GoM, Hokchi Energy sets the bar high for private operators and Jaguar E&P and Vista Oil & Gas sign the first private farmout in Mexico’s history. Meanwhile, PEMEX snaps out from a hefty fine and CNH takes another step in raising the interest in IOR and EOR […]Continue Reading →
Earlier this year, Pemex launched the second round of integrated service contracts for four onshore and two offshore blocks in the Tampico basin region. As opposed to the first contracts that were awarded, the bidding event for this second round of contracts, which is scheduled to take place this month, has garnered the attention of […]Continue Reading →
“The agreement we sign today helps prevent such disputes. It also helps promote the safe, efficient, and equitable exploration and production of cross-boundary reservoirs. Each country maintains its own right to develop its own resources.
But this agreement creates new opportunities. And for the first time, American companies will be able to collaborate with Pemex, […]Continue Reading →
As in Mexico, Brazil’s oil sector development is closely linked to the country’s economic growth. President Calderón, speaking last week in Queretaro, raised the issue of Brazil, and how a turnaround in its oil industry regulation was one of the key events in the development of the country into the economic superpower it is today. […]Continue Reading →