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 →
Farming out exploration and production blocks in Mexico’s hydrocarbon assets is clearly a trending topic in the international oil and gas community. Just a few days after the enactment ceremony of the Secondary Laws, PEMEX’s E&P Director General Gustavo Hernández revealed a list of potential partners to tap into the country’s deepwater opportunities. Given […]Continue Reading →
The following is the second part of our translation of Emilio Lozoya Austin’s speech during yesterday’s announcement.
The second pillar in PEMEX’s strategy is the most important in the short term regarding partnerships and associations for the development of the fields assigned to it in Round Zero. We are talking about 10 projects that are […]
by Pedro Alcalá
Last Wednesday, amidst the rumors about a new deepwater oil discovery, Pemex came out with an official announcement through the media: the ‘Exploratus-1’ well has struck oil – light crude, to be specific. After several reports leaked information on the oil discovery during Monday and Tuesday, Carlos Morales Gil, Director General at Pemex E&P came […]Continue Reading →