After a fire that killed four workers, with three still missing, Petróleos Mexicanos (PEMEX) began to restore production at the Abkatún central processing platform in the Gulf of Mexico. Abkatún A. From PEMEX Flickr…
The attorney general’s office of Mexico is investigating the Petróleos Mexicanos' (PEMEX) Abkatún Permanente platform incident that left four dead, 16 injured and three missing, for possible charges of murder and mischief. The Abkatún Permanente platform…
Four people are dead and several injured following a fire on Petróleos Mexicanos' (PEMEX) Abkatún Permanente platform in the Bay of Campeche, offshore Mexico. PEMEX confirmed the four casualties on its Twitter account around 12:30 p.m…
Mexican state oil company, Petróleos Mexicanos (PEMEX) is being forced to decrease its budget by US$4 billion, representing an 11.5% decrease from last year, in order to maintain financial balance due to falling oil prices. Image of Lozoya…
Mexican national oil company, Petróleos Mexicanos (Pemex) took delivery of its first of two KFELS B Class jackup rigs from Singapore’s Keppel FELS. The Yunuen jackup. From Keppel. The…
Petróleos Mexicanos (Pemex) and India’s Reliance Industries (RIL) signed a memorandum of understanding (MOU), in which both companies will explore business opportunities in exploration, production, refining and industrial processing in Mexico…
The board of directors for Mexico’s Petroleos Mexicanos (Pemex) approved a corporate restructuring plan that would see the company reorganize into two main units and five smaller subsidiaries. The national oil company said that the plan was…
Petroleos Mexicanos (Pemex) will develop a US$6 billion gas liquefaction facility on the Pacific coast to enhance its export opportunities to Asia. The company said that it is aiming for a 2020 start date. The goal is to take advantage…
Italy's Eni signed a memorandum of understanding (MOU) with Mexico's Pemex that will see the two companies cooperating and exchanging best practices in all three sectors of the oil and gas industry. The preliminary agreement covers the exchange of knowledge in relation to technology…
Updated at 22 October 2014 at 3 p.m. Pemex called off the evacuation of its 15,000 workers in the Bay of Campeche after severe weather conditions improved. Earlier today, OE reported that Mexican national Pemex began evacuating its…
Petroleos Mexicanos (Pemex) awarded the Houston-based, Cameron-Schlumberger joint venture OneSubsea, a US$270 million subsea production systems contract for the Lakach deepwater project offshore Mexico. The Lakach project is the first deepwater subsea field to be developed by Pemex…
Furthering its flurry of activity after Mexico’s landmark energy reform, Petroleos Mexicanos (Pemex) and ExxonMobil signed a preliminary deal to establish dialogue and jointly analyze both upstream and downstream business opportunities. Pemex…
Saipem has been awarded new offshore engineering and construction contracts in the Gulf of Mexico, for a total amount of approximately US$750 million. Pemex has awarded Saipem an engineering, procurement, construction and installation contract for the development of the Lakach field…
Melbourne-based mining and petroleum giant BHP Billiton and Mexican national Petroleos Mexicanos (Pemex) signed a memorandum of understanding (MOU) to exchange oil and gas-related technical knowledge and expertise. In April, Pemex announced…
Mexico’s Pemex awarded an offshore multi-site geophysical and geotechnical survey to Fugro and Constructora Subacuatica Diavaz, S.A. de C.V. The contract, valued at US$31.5 million, includes offshore operations, laboratory testing and…
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