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Dec. 31 (OE) U.K.-based oil and gas firm Harbour Energy has been appointed operator of the Zama oil project offshore Mexico. The appointment was agreed by the Zama partners, including Pemex, Grupo Carso and Talos Energy who will have the option to appoint key personnel into Harbour's project team, and subsequently approved by SENER (Mexico's... Continue Reading →
Nov. 14 (Reuters) U.S. private equity firm Carlyle is exploring options to buy Russian oil major Lukoil's LKOH.MM foreign assets, three sources familiar with the situation said. The U.S. has hit Lukoil with sanctions as part of its effort to bring the Kremlin to peace talks over Ukraine, and has blocked Lukoil's attempt to sell... Continue Reading →
Nov. 4 - EnerMech has embarked on a multi-year, high-value investment program across its Americas operations, reinforcing its long-term commitment to the region and its people. This strategic outlay reflects the company’s confidence in the market despite global headwinds, as it continues to build a future-ready business anchored in local capability, leadership and talent. The enhancement plan encompasses equipment, people and facilities across... Continue Reading →
Oct. 29 (Reuters) Grupo Carso is reviewing the feasibility of the Lakach deepwater natural gas project in collaboration with state energy company Pemex and conducting new analyses to determine how to proceed, a company official said Tuesday. The company signed an agreement last year to partner with Pemex to develop the project in the Gulf... Continue Reading →
Oct 27 (Reuters) - Mexican state energy company Pemex reported a 61.25 billion peso ($3.34 billion) third-quarter net loss on Monday, according to a filing with the Mexican stock exchange. Revenues for one of the country's biggest companies during the July-to-September period totaled 378.9 billion pesos. Pemex reported that it pumped with partners an average... Continue Reading →
Oct. 27 (OE) Offshore drilling contractor Borr Drilling has secured contract extensions for three of its premium jack-up rigs from Mexico’s national oil company Pemex. The rigs Galar and Gersemi have each been awarded two-year firm contract extensions that will commence in direct continuation of their existing contracts in Mexico. The extensions also include two... Continue Reading →
Oct. 24 (offshore-energy.biz) Texas-headquartered manufacturer of pipes and related services Tenaris has secured a contract for the delivery of casing and tubing for what will be Mexico’s first deepwater oil development. Tenaris’ scope includes the supply of 12,000 tons of casing and tubing, including 1,600 tons in the Super 13 Chrome steel grade, for the Trion... Continue Reading →
Sept. 30 (oilprice) Billionaire Carlos Slim’s Grupo Carso SAB has signed a $1.99 billion contract with state oil company Pemex to drill 32 wells at the Ixachi natural gas field in Veracruz over the next three years. The Ixachi field, one of Mexico’s most important onshore deposits, currently produces about 93,000 barrels of oil and... Continue Reading →
Sept. 25 (OE) Dutch-based SBM offshore has cut the first steel for Chalchi floating storage and offloading (FSO) at COSCO Shipyard in China, marking the start of construction of the unit bound for deployment at Trion deepwater oil field, offshore Mexico. The FSO’s name, Chalchi, is inspired by Chalchiuhtlicue, the Aztec water deity, symbolizing the... Continue Reading →
Sep 15 (Reuters) - Mexico launched on Monday a three-tranche bond issue for up to 5 billion euros ($5.88 billion) to partially finance a $9.9 billion bond buyback from state-run oil company Pemex, LSEG's fixed-income news service IFR reported. The issue consists of four-year bonds for up to 2.25 billion euros, eight-year bonds for 1.5 billion... Continue Reading →
Brazil Energy Insight 