Head of Mexico’s oil regulator quits

(OE) Mexican senators will consider a new head of the country's powerful oil regulator, according to legal announcements to lawmakers dated Wednesday and Thursday, after the current head abruptly resigned. National Hydrocarbons Commission (CNH) President Rogelio Hernandez resigned effective at the end of last month, well before his seven-year term was set to expire in... Continue Reading →

Valaris Nets $149M Worth of Offshore Drilling Contracts

Offshore drilling company Valaris said Thursday it had secured new drilling rig contracts and contract extensions, worth $149 million in total. The contract backlog excludes lump sum payments such as mobilization fees and capital reimbursements, Valaris said. In Mexico, Valaris has won a three-well contract with Eni for the semi-submersible drilling rig VALARIS DPS-5. The contract is... Continue Reading →

Powered by WordPress.com.

Up ↑