As part of the efforts to open the Mexican oil and gas sector to private participation, the authorities launched Round One, in which 160 onshore and offshore blocks will be tendered according to basins and types of hydrocarbons. The opening of the market is meant to help the country’s production decline and share […]Continue Reading →
As part of the 28th Mexican Congress of the Construction Industry on March 12, 2015, the Mexican Minister of Finance and Public Credit Luis Videgaray Caso delivered a wide-ranging speech, providing his expert perspective on Mexico’s economic situation. In this context, Videgaray made a particular note of the importance of the oil and gas sector to the […]Continue Reading →
Commissioned by PEMEX, the 2015 Pan American Mature Fields Congress is a unique gathering of experts and engineers from all corners of the Americas that will focus on optimizing recovery from mature fields.
Mature fields account for over 70% of global production. With average recovery factors of 70% for gas and 35% for […]Continue Reading →
The bidding terms for the first blocks of Round One were presented yesterday in a ceremony that marked the starting point for oil exploration by local and international private companies in Mexico, something that was defined as an “unprecedented milestone in the history of the country“ by Pedro Joaquín Coldwell, Minister of Energy.
“Today […]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 →
“Implementing the new Reality” will be the main focus of the Energy Day´s fourteenth edition, the annual event organized by the British Chamber of Commerce in Mexico, which will take place on September 30th at the Hotel Camino Real in Polanco.
This event has become a reference for professionals in the oil and […]Continue Reading →