Energy Reform News

 

PECOM 2016 highlights Mexico’s potential

Apr 04, 2016

All eyes will be on the current and future potential of Mexico’s oil and gas industry at the 22nd annual Petroleum Exhibition & Conference of Mexico (PECOM),taking place 5-7 April in Villahermosa, Tabasco. PECOM 2015 exhibit floor…

Mexico lowers local content rule for deepwater

Mar 29, 2016

Mexico’s Ministry of Economy has opted to set a low local content requirement for the upcoming deepwater bid round in December. The new rule, announced in Mexico’s official journal of the federation (DOF), says oil and gas companies must…

Mexico's rate of change

Mar 07, 2016

In early February, Mexican President Enrique Peña Nieto shook things up at the country’s oil company, Petróleos Mexicanos (Pemex), immediately replacing then-CEO Emilio Lozoya Austin with Mexico’s director of the Social Security Institute (IMSS) José Antonio González Anaya…

CERAWeek: Mexico's deepwater round set for December

Feb 22, 2016

Mexican President Enrique Peña Nieto told delegates at this year’s IHS CERAWeek forum in Houston that the fourth phase of Mexico’s historic Round One, will go forward in early December. The long-anticipated fourth phase of Round One will auction off 10 deepwater blocks…

Lozoya ousted at Pemex

Feb 09, 2016

Mexican President Enrique Peña Nieto has fired Emilio Lozoya Austin as CEO at the country's state-owned oil company, Pemex. Lozoya will be replaced by José Antonio González Anaya (pictured), the country’s current director of the Social Security Institute (IMSS)…

Mexico, Platts enter price data deal

Jan 22, 2016

Mexico’s federal government has entered into an exclusive agreement with Platts to utilize its oil and natural gas price data in the nation’s pricing formulas as part of its energy reform policy. Image…

Mexico to join IEA

Nov 17, 2015

Mexican Secretary of Energy Pedro Joaquín Coldwell presented International Energy Agency (IEA) executive director Fatih Birol with an official letter declaring Mexico’s interest in becoming an IEA member. Image of Birol…

Eni to develop three fields off Mexico

Oct 01, 2015

Italy’s Eni won, with a 100% share a production sharing contract, to appraise, develop, and exploit the oil fields of Amoca, Miztón e Tecoalli, located in the Area 1 in the Campeche Bay, offshore Mexico, following an international auction held on 30 September in Mexico City…

Where does Mexico go from here?

Sep 01, 2015

After Mexico’s historic energy reform, many have high hopes for the country’s oil and gas sector. But, the first offshore bid round was a disappointment with only two of 14 areas being awarded. Audrey Leon examines what the country has learned…

Mexico ramps up Gigante seismic work

May 18, 2015

Mexico is ramping up its offshore seismic data acquisition with recent awards to TGS-NOPEC and Norway-based Petroleum Geo-Services (PGS). The Atlantic Explorer. From PGS. Mexico's…

Remembering the not-so distant past

May 01, 2015

Given that our issue’s focus is the Gulf of Mexico, it is fitting that we remember the fifth anniversary of the Deepwater Horizon disaster. On 20 April 2010, 11 lives were lost when the Macondo well blew out, spilling millions of barrels of oil…

What lies beneath

Apr 09, 2015

Most of the Mexican side of the Gulf of Mexico remains unexplored. Dan McConnell explores the geotechnical knowns and unknowns in the basin. Acquiring geotechnical data for platform foundation design in Mexico’s Bay of Campeche…

Reform lifts Mexico’s energy prospects

Apr 09, 2015

Eckhard Hinrichsen analyses the race for oil and gas reserves as the market liberalizes. The Mexican energy industry is at last open to foreign companies. Investment opportunities abound as the important first licensing rounds loom. The…

Insights into the Mexican energy reform decrees

Apr 09, 2015

ABS’ Henrique Paula provides insight into the secondary laws – CNH, CRE, and ASEA – being used to implement Mexico’s energy reforms. The ABS-classed Centenario semisub drilling unit, built in 2010…

Mexico’s new era

Apr 09, 2015

David Shields provides a glance at Mexico’s energy reform and Round One. Pemex’s Ku-S platform at the Ku Maloob Zaap oil field in the Bay of Campeche. Image from Return To Scene.   Round One…

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