Mexican state oil company Pemex said on Friday it has discovered a deposit in southeastern Mexico that could yield 500 million barrels of crude, calling
Category: Mexico
Majors Press Mexico to Resume Oil Auctions
Big oil companies operating in Mexico have launched a drive to convince leftist President Andres Manuel Lopez Obrador to resume auctions of oil and gas
Oil companies swap stakes in Mexico
With Mexico’s government insisting that energy companies increase oil and gas output before it auctions off more of the country’s vast reserves or offers more
Offshore Wind Finance Blows into Oil and Gas
The years-old trend that has seen offshore suppliers vie for work in wind by leveraging their offshore oil and gas credentials and development finance is
Months of unpaid bills in Mexico’s oil patch add to Pemex woes
Companies that help keep Mexico’s faltering oil wells operating are waiting months to get paid and the debts are building up, complicating efforts to revive
Borr Drilling: Demand for jack-up rigs growing
The market for modern jack-up rigs has reached 90 percent utilization – for the first time in the cycle – and the demand for jack-up
