Mexico Energy Reform News

 

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…

Paradigm Drilling establishes Mexican presence

Mar 06, 2015

Scotland’s Paradigm Drilling Services is establishing its presence in Mexico by investing an initial US$5 million into the country and creating a Mexican subsidiary, Paradigm Drilling Services Mexico. Innes…

What lies beneath

Mar 01, 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 Image from Fugro…

Mexico promises “one-stop shop” for oil-gas safety regulation

Feb 17, 2015

Mexican officials, including the executive director of the Agencia de Seguridad Energia y Ambiente (ASEA), recently outlined Mexico’s reform efforts and highlighted issues on which the country is working including Transboundary field development…

McDermott Altamira first free trade zone in Mexico

Jan 06, 2015

McDermott International received authorization from the Central Administration of Customs in Mexico to operate its Altamira fabrication facility near Tampico, Mexico, as a free trade zone. The Altamira fabrication yard…

Pacific Rubiales, ALFA create JV to develop off Mexico

Dec 04, 2014

Toronto-based Pacific Rubiales Energy and Mexico’s Alfa S.A.B. de C.V (ALFA) entered into an agreement to create a 50:50 joint venture for the development of business in Mexico. Pantin. From Pacific Rubiales…

Pemex board approves restructure

Nov 19, 2014

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…

Former Pemex CEO weighs in on reform

Nov 18, 2014

Speaking at Tuesday's 2014 Deloitte Oil & Gas Conference in Houston, former Petroleos Mexicanos (Pemex) CEO Dr. Jesus Reyes-Heroles weighed in on the country's historic energy reform. Reyes-Heroles said that he expects the Mexican energy reform to impact the GDP by 4…

Pemex to build $6 billion LNG plant

Nov 05, 2014

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…

Eni, Pemex sign cooperation agreement

Oct 30, 2014

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…

Pemex, ExxonMobil ink agreement

Oct 02, 2014

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…

BHP Billiton, Pemex sign tech MOU

Sep 26, 2014

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…

Pemex awards Fugro $31.5 million survey

Sep 03, 2014

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…

Pemex begins post-reform restructure

Aug 21, 2014

Mexico's Pemex has started a corporate restructure to become a more 'flexible and efficient,' it announced today. The announcement comes after Mexican president Enrique Pena Nieto approved the country's historic energy reform earlier this month…

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