PEMEX continues to win approvals for its priority development plans this week, as Dos Bocas news continues to flow and Premier Oil looks to sell off its share in the Zama oil field. All this and more, in this week’s roundup!
CNH Approves More PEMEX Fields
PEMEX received the green light for its Teekit […]Continue Reading →
This week’s Interview of the Week is with Timothy Duncan, President and CEO of Talos Energy, where we discuss the company’s historic Zama discovery in Block 7. Talos Energy is a Houston-based E&P company, specializing in asset optimization on both sides of the Gulf of Mexico.
Q: How is Talos capitalizing on its experience […]Continue Reading →
After filing for insolvency in Sept. 2018, Oro Negro’s creditors attempted to take over five oil platforms. Mexico’s private sector defended industry’s regulators, CRE and CNH against a parliamentary initiative to integrate both commissions to the Ministry of Energy. Meanwhile, IEA adjusts Venezuela crude oil production on the low end and ExxonMobil and Shell […]Continue Reading →
In the week that Mexico, Canada and the US concluded negotiations for the new USMCA trade agreement, CNH advised an action plan to reach the next administration’s crude oil production targets, approved Talos Energy’s appraisal plan for Zama and authorized Jaguar E&P’s farmout with Vista Oil & Gas. Meanwhile, Argentina is poised to […]Continue Reading →
Abel Hibert, a close advisor of President-elect AMLO, denied a Wall Street Journal article that said López Obrador would suspend Mexico’s licensing rounds for two years. Meanwhile, Saudi Arabia cancelled Saudi Aramco’s IPO and French Total abandoned its business ventures in Iran due to the renewed US sanctions.
Ready to drill through […]Continue Reading →
There is no denying that shallow waters are Mexico’s forte. At the height of its production boom, the Cantarell complex was producing 2.1 million b/d, ranking it the second-fastest producing field in the world. The knowledge and experience of the service providers that worked with PEMEX in shallow waters will be invaluable to the new […]