Last week was the bearer of bad news for the oil and gas sector. CNH’s President Commissioner, Juan Carlos Zepeda, announced its early resignation six months prior to the end of his mandate. Moreover, the country’s private sector is alarmed over alleged natural gas supply contract cancellations scheduled for January 2019. Meanwhile, the US’ […]Continue Reading →
After a long process that started in October 2016 with GE Oil & Gas and Baker Hughes announcing their intentions to merge, both companies finally sealed the deal on July 3, 2017, creating Baker Hughes, a GE Company.
Baker Hughes, a GE Company, or BHGE, said in a company press release that […]
by Arturo Mora
We all know just how bad the impact of the sharp drop in oil prices has been on the industry. From US$115 in June 2014, they have unraveled to US$31 in February 2016. There is no denying that a price cut of more than a third has a significant impact on the industry, […]Continue Reading →
Despite the seemingly never-ending drop in oil prices worldwide, Mexico’s first-ever licensing round is still a go, and its contenders for the first set of exploration areas in shallow water assets have already been invited to bid. Data room access for each of the interested parties should be made available by January 15th and each […]Continue Reading →