Mexico News


Murphy Charters Pacific Drilling Drillship for Mexico Wells

Mar 12, 2020

Deepwater drilling rig contractor Pacific Drilling has found more work for its Pacific Sharav drillship.The drilling company on Wednesday revealed that Murphy Oil had hired the drillship for work offshore Mexico. According to the fleet status report, Murphy has agreed to charter the unit for two firm wells and one optional well.The day rate for the 2014-built drillship has been set to $230,000, and the contract is expected to start in November and last until February 2021…

BHP Awards Trion Platform Pre-FEED to McDermott, Partners

Mar 30, 2020

U.S. offshore installation and construction company McDermott has been awarded a pre-FEED contract for a floating production unit that will be installed at BHP's Trion deepwater oil field offshore Mexico.McDermott said the contract was a sizeable one…

Magseis Fairfield in Mexico's First Deepwater OBN Survey

Mar 27, 2020

Offshore seismic data acquisition company Magseis Fairfield has secured a deepwater Ocean Bottom Node project offshore Mexico.According to Oslo-listed Magseis Fairfield, work is scheduled to start in the third quarter of 2020 and will take approximately 60 days…

Talos: Cost Cuts to Allow for Cashflow Generation in Mid-$20s a Barrel

Mar 23, 2020

Talos Energy, a U.S. oil company focused on the U.S. and the Mexican side of the Gulf of Mexico, has announced further cost cuts, inclusive of $170.0 million of reductions in capital, operating and G&A expenses. The company said Monday it would…

Sapura Installs Hokchi Satellite Platform in Mexico

Mar 13, 2020

Malaysia’s Sapura Energy has completed the installation of a satellite platform topside offshore Mexico, as part of Hokchi Energy's Hokchi field development.In a post on social media on Friday, Sapura Energy said it successfully lifted and set down the Hokchi Satellite Platform topside…

EMGS Looking at Options After Pemex Says No More Work to Be Awarded

Feb 20, 2020

Norwegian marine survey company EMGS is looking at options after Mexico's Pemex said it wouldn't award any more work 'in the medium future' under a contract announced in 2019. EMGS expects the decision will have a 'material detrimental effect' on its business…

Pemex Signs Contracts for New Oil Projects

Feb 18, 2020

Mexican national oil company Pemex has begun signing contracts with oilfield service firms specifically invited to submit bids for a new batch of priority exploration and production projects, the state-owned company's chief executive said. CEO…

Eni Strikes Oil Offshore Mexico

Feb 17, 2020

Italian oil company Eni has made an oil discovery in the Sureste Basin offshore Mexico. Eni said that the preliminary estimates showed the discovery might hold between 200 and 300 million barrels of oil in place.Saasken-1 NFW well, which has led to the discovery…

Mexico: Regulator to Decide in Talos, Pemex Standoff over Zama

Feb 13, 2020

The dispute over who will run operations for a major offshore oil discovery in Mexico could eventually come down to the technical opinion of the country's independent oil regulator, according to one of the body's commissioners. Closed-door talks…

Most High-Impact Wells in 2020 to be Drilled in Africa & Americas

Feb 05, 2020

The majority of high impact offshore exploration wells in 2020 will be drilled in Africa and the Americas, Rystad Energy, an energy research group based in Norway has said.Rystad Energy rates wells as high-impact by an assessment of several factors…

Hokchi Charters Cantarell III Jack-Up Rig

Jan 31, 2020

Hokchi Energy, a subsidiary of Argentina's Pan American Energy, has chartered the recently delivered jack-up rig Cantarell III from Grupo R for operations offshore Mexico.As reported previously the Cantarell III jack-up drilling unit arrived…

BHP Taps DORIS for Trion Work

Jan 27, 2020

BHP has hired engineering company DORIS for the engineering services for the SURF and export pipeline scopes of work of the Trion project located offshore Mexico.DORIS did not provide the financial details of the deal, nor the expected delivery timeline…

EMGS Nets More Acquisition Work with Pemex

Jan 22, 2020

Norwegian marine data acquisition firm EMGS has been awarded more work with the Mexican oil company Pemex in Mexico.As previously reported, EMGS had in June 2019 signed a two-year acquisition contract with Pemex with a valued at around $73.3 million…

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