With the first four stages of Round One out of the way, mid-2017 will see the initiation of the National Hydrocarbons Commission’s second leg of licensing rounds: Round 2.1, 2.2 and 2.3. The success of December’s deepwater round is still fresh and hopes are high for the onshore and shallow water rounds to be […]Continue Reading →
PEMEX imported diesel by train for the first time ever in January 2017, said the head of the NOC’s trading branch PMI Comercio Internacional, Isaac Volin. The development marks a milestone in Mexico’s opening energy industry, since the country previously received fuel imports by pipelines and seaports only.
Volin’s comments, made in a recent interview […]Continue Reading →
Mexico’s state-owned oil company PEMEX was denied a request to migrate its huge Ku-Maloob-Zaap asset to a single Exploration and Extraction Contract without a partner, in a move that could have lowered the tax burden attached to the Gulf of Mexico field, media reports said.
The proposal, presented to CNH by SENER, was found to […]Continue Reading →
Mexico’s state-owned oil company PEMEX cut direct awarding practices, long blamed for inefficiencies in the firm’s performance, to 30 percent in 2016 from 80 percent the year before as it puts to work deep changes in its procurement function such as the new Electronic Awarding System and the adoption of best international practices under Director […]Continue Reading →
For the 10th time, the National Hydrocarbon Commission (CNH) modified the bidding basis of Trion’s farm out, allowing participants one extra week to analyze the joint venture contract.
The International Energy Agency (IEA) released its report on Mexico’s outlook, highlighting the benefits of the Energy Reform and saying the country could more […]Continue Reading →
The France-based geoscience prospector CGG recently announced being awarded a large contract for an orthogonal wide-azimuth integrated solution for PEMEX. This solution will be used for subsalt seismic imaging optimization in the Perdido area. The survey will cover around 10,000 km2 in the Mexican deep-water area and is expected to enhance subsalt imaging results […]Continue Reading →