Mexico's incoming government will encourage state oil producer Pemex to seek equity partnerships with private oil companies, a model out of favor with the current president, in a bid to boost reserves amid towering debt, according to four sources familiar with the matter…
Dutch FPSO leasing specialist SBM Offshore has signed a contract with Woodside for the construction of a floating storage and offloading (FSO) unit for the Trion deepwater oil field, located in the Perdido Belt of the western Gulf of Mexico…
Esgian provides an update on what has been a busy week in the offshore drilling market in its Week 31 Rig Analytics Market Roundup.Report SummaryContractsBorr Drilling has confirmed new contracts for several of its 400-ft jackups, including work for the Arabia I in Brazil…
Esgian provides an update on rig activity and discoveries in its Week 28 Rig Analytics Market Roundup.Report SummaryDrilling Activity and DiscoveriesThe Norwegian Ocean Industry Authority (Havtil) has given Equinor consent for exploration drilling in blocks 32/4 and 32/7 in the North Sea…
Corinth Pipeworks has secured a contract from Woodside Energy, the operator of the Trion deepwater field offshore Mexico, to manufacture and supply approximately 118 kilometers of High Frequency Welded (HFW) steel pipes.The Trion field is located…
Mexico's President Andres Manuel Lopez Obrador said on Friday that businessman Carlos Slim is interested in participating in the country's first deepwater natural gas project, working alongside state energy company Pemex.In March, Reuters reported…
The Zama unit partners - operator Pemex, Wintershall Dea, Talos Energy and Harbour Energy - have awarded the Front-End Engineering and Design contract (FEED) to the French engineering company DORIS for the development of Zama oil field offshore Mexico…
Mexican Pemex crude oil production is down some 20,000 barrels per day following a fire at an offshore platform on Saturday that left several injured and at least one dead, a source at the state energy company said.While the reduction amounts to a 1% decrease…
At least one contractor was killed after a fire struck an offshore platform operated by Mexico's national oil company Pemex, the firm said in a statement on Sunday, adding that two others were in 'grave' condition.A total of nine workers suffered…
Mexico's state energy company Pemex said on Saturday that a fire broke out at one of its platforms in the Gulf of Mexico, adding that it had activated emergency protocols and contained it but that nine workers were injured in the accident.Pemex…
Pemex reportedly put off urgent repairs and maintenance at an important offshore platform for months, resulting in methane spewing into the atmosphere, according to internal documents and three sources familiar with the infrastructure.New data…
Australia's top oil and gas company Woodside Energy has awarded a contract to Subsea 7 for subsea installation services for the Trion development offshore Mexico.Subsea 7 described the contract as large, which means its value ranges between $300 million and $500 million…
Mexico's Pemex reversed losses in the last three months of 2023 but its overall debt burden remained the highest of any oil company in the world, with billions of dollars due to bond holders and service providers.The state-run company posted a profit of 106…
U.S. offshore energy industry equipment maker Dril-Quip has been selected to supply the subsea wellhead systems for the Woodside Energy's Trion development offshore Mexico.The Trion project, a greenfield deepwater development, includes 24 wells across two phases…
Woodside’s Trion oil and gas project has received approval for its Social Impact Assessment from the Mexican Ministry for Energy.Trion is a greenfield development that would represent the first oil production from Mexico’s deepwater. It is located in the Gulf of Mexico at a water depth of 2…