Mexico is delaying the country’s shallow water bid round, Round 2.1, by three months in a move that regulators hope will garner more participation, increased competition and investments. Image of Mexico's deepwater round…
Mexico's highly anticipated deepwater bidding round, Round 1.4, in Mexico City resulted in eight of the 10 deepwater blocks in the Gulf of Mexico awarded. Evaluating submitted bids. OE…
After some rough starts, Mexico’s energy future might be headed in the right direction. Mexico’s upcoming deepwater round and the state owned oil firm Pemex’s upcoming joint ventures were up for discussion at a recent event held by Rice University’s Baker Institute…
Mexico’s National Hydrocarbons Commission (CNH) has approved Italian giant Eni to drill a well in the shallow waters of the Gulf of Mexico, according to news reports. Image from Eni. Drilling…
Diamond Offshore Drilling has said it is going to defend a move by Brazil’s Petróleo Brasileiro (Petrobras) to terminate its contract on the Ocean Valor semisubmersible early. The Ocean Valiant…
Mexico's state oil regulator, the Comisión Nacional de Hidrocarburos (CNH), has revealed 26 companies that have qualified to participate in the country's so-called Round 1.4, in Mexico's deepwater offshore. The companies pre-qualified in the fourth phase of Mexico's historic Round One…
The Australian government is offering 28 exploration areas in its 2016 Offshore Petroleum Exploration Acreage Release. Map from Australia government. The acreage comprises 28…
Mexico’s highly anticipated deepwater bid round set for the end of the year is getting registered bids from as many as 21 companies, with some of the oil and gas industry’s heavy hitters, including ExxonMobil and Chevron. Image from CNH…
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…
Dallas Parker, Gabriel Salinas and Diego Perez, of law firm Mayer Brown, assess the terms of Mexico’s phase four bid round to be held in 2016. The Mexican National Hydrocarbons Commission…
Heather Saucier examines the potential of deepwater plays to be auctioned in Mexico’s next offshore round, including the most prized area in the Perdido Fold Belt. Shell’s deepwater Perdido spar in the US Gulf of Mexico…
Oscar Roldan, head of the National Data Repository for Mexico’s National Hydrocarbons Commission (CNH), discusses the development of Mexico’s data libraries. One of CNH’s data rooms. Images from CNH…
José Antonio González Anaya has only been on the job for two weeks, but he’s ready to work. The new head of Pemex made his debut at IHS CERAWeek on Tuesday afternoon in a discussion session with IHS moderators Daniel Yergin and Carlos Pascual…
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…
Australia and New Zealand hold vast petroleum potential, much of which remains undeveloped. Audrey Raj sets out the detail. Samples of oil from various New Zealand discoveries. Photo from TAG Oil…