Mexican Government Not Seeking to Control Zama

Mexican President Andres Manuel Lopez Obrador said on Thursday that his government is not seeking to take control of the Zama oilfield discovery, which is currently operated by a private consortium led by U.S.-based Talos Energy.

Reuters reported earlier this week that Mexico’s national oil company, Pemex, wants to take control of Zama from Talos, which made the discovery on the edge of its block, adjacent to an area belonging to Pemex and where the find likely extends.

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