Mexico News

 

Repsol Picks Stena Drilling Rig for Mexican Ops

Sep 22, 2020

Spanish oil firm Repsol has awarded a drilling contract to offshore drilling contractor Stena Drilling for a drilling campaign in Mexico.Stena Drilling said Monday that it had signed a contract with Repsol after a competitive tender exercise, for the use of the Stena IceaMax drillship.Repsol will use the rig to drill next year in Block 29, in the Salina Basin, in Mexico’s deep water. Repsol operates the block…

No New E&P Projects Expected in Mexican Plan

Sep 04, 2020

A Mexican government plan to boost the energy sector that could be unveiled in the coming weeks will not likely include any new exploration or production projects open to private or foreign oil firms, the head of an oil sector trade group said Thursday…

Mexico: Pemex, Hokchi in Talks Over Shared Offshore Reservoir

Sep 03, 2020

Mexican national oil company Pemex and Hokchi Energy have begun the first stage of unitization negotiations over a possible offshore shared reservoir in the southern Gulf of Mexico, Mexico's energy ministry told Reuters on Wednesday.The ministry said Pemex…

Dolphin Drilling Nets Offshore Drilling Work in Mexico

Sep 02, 2020

Offshore drilling contractor Dolphin Drilling has won a drilling rig contract in Mexico with the country's national oil company Pemex.Dolphin Drilling said Tuesday the contract was for the Blackford Dolphin semi-submersible drilling rig. The value of the contract…

PHOTO: Heerema's Heavy Lifter Installs Yaxche-C Platform in Mexico

Aug 21, 2020

Dutch offshore installation and construction company Heerema Marine Contractors has installed Pemex's Yaxche-C jacket and topside in Mexico, under a contract awarded by Cotemar.Heerema used its 'most experienced vessel' semi-submersible crane…

Ex-Pemex Boss Points Finger at Ex-Mexican President in Bribery Scandal

Aug 12, 2020

A former head of Mexican state oil firm Petroleos Mexicanos (Pemex) accused of corruption has sought to blame the wrongdoing on his former boss, ex-President Enrique Pena Nieto, and a top aide, said Attorney General Alejandro Gertz on Tuesday…

Mexico's Proven Oil Reserves Rise to More than 8 bln Barrels

Aug 05, 2020

Mexico's oil regulator said on Tuesday the country's total proven oil reserves as of Jan. 1 stood at 8.062 billion barrels of oil equivalent (boe), up 2.1% from a year earlier.Oil reserves as of the beginning of 2019 totaled 7.897 billion boe…

Ex-Pemex CEO Says He is Innocent of Corruption Charges

Jul 29, 2020

The former boss of Mexican state oil firm Pemex, Emilio Lozoya, told a court on Tuesday he was innocent of graft charges and vowed to denounce those responsible for his alleged crimes, in a case that could seriously embarrass Mexico's previous rulers…

Pirates Attack Another Offshore Vessel in Mexico

Jul 27, 2020

An offshore supply vessel was reportedly attacked offshore Mexico on Friday, July 24, in an incident that was described as a 'violent armed boarding and robbery of personal belongings.'The maritime safety intelligence company Dryad said Monday…

Former Pemex CEO Arrives in Mexico to Face Bribery Charges

Jul 17, 2020

A former boss of Mexican state oil company Petroleos Mexicanos arrived back in Mexico on Friday where he will face an initial court hearing to answer corruption charges that could engulf leaders of the last government.Emilio Lozoya, who was extradited back to Mexico from Spain overnight…

Court OKs Extradition of Ex-Pemex CEO from Spain to Mexico

Jul 06, 2020

Spain's National Administrative Tribunal agreed on Monday to extradite Emilio Lozoya, former chief executive of oil company Petroleos Mexicanos, to Mexico, the court said in a statement.Lozoya, 45, is wanted in Mexico on charges including bribery…

Hokchi Terminates Grupo R Jack-Up Rig Deal Early

Jun 05, 2020

Hokchi Energy, a subsidiary of Argentina's Pan American Energy, has terminated the charter of Grupo R's jack-up rig Cantarell III earlier than originally planned.Having arrived from Singapore earlier this year, the newbuild offshore drilling…

Qatar Petroleum Farms into Total's Offshore Blocks in Mexico

May 07, 2020

Qatar's state-owned oil and gas company Qatar Petroleum has signed three farm-in agreements to acquire about 30% of Total’s participating interest in blocks 15, 33 and 34 located in the Campeche Basin, offshore Mexico.Saad Sherida Al-Kaabi, the Minister of State for Energy Affairs…

Mexico Gives Oil Firms More Time to Get Permits

May 07, 2020

Mexico's oil regulator will extend the time companies have to secure needed permits and plan approvals through the end of this month because of the coronavirus pandemic, it said in a statement on Wednesday.Deadlines will be suspended until at least May 31…

Repsol-led Group Makes Deepwater Oil Discoveries Offshore Mexico

May 05, 2020

A consortium led by Spain's Repsol including Germany's Wintershall DEA and Thailand's PTTEP have discovered two deepwater oil fields in the Gulf of Mexico, the companies said on Monday.Mexican President Andres Manuel Lopez Obrador has slammed…

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