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Danish offshore vessel owner Maersk Supply Service has secured a 1.5-year contract with Blue Marine Group to support Pemex from subsea support vessel Maersk Installer. Joining Maersk Implementer, the vessels will assist the national oil company in achieving its targets of increasing production, the vessel owner said on Monday. Maersk Installer arrived in Mexico on... Continue Reading →
U.S.-based Chevron Corp said on Friday it signed an agreement with a unit of Royal Dutch Shell to buy a 40% stake in three deepwater blocks in the Mexican Gulf that the Anglo-Dutch firm won in auctions under the nation's energy reform. The deal was approved earlier this week by Mexico's oil regulator, the National... Continue Reading →
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,... Continue Reading →
Electromagnetic Geoservices (EMGS) has recorded vessel utilization of 73% for the third quarter 2019 compared with 29% for the third quarter in 2018. In the third quarter of 2019, the company’s vessels were allocated 73% to proprietary work and no time was spent on multi-client projects. In the comparable quarter of 2018, the vessels were... Continue Reading →
A consortium formed by Hokchi Energy, Talos Energy and Wintershall Dea has given up a Mexican oil contract in the Gulf of Mexico's shallow waters due to lack of commercial discovery, the country's oil regulator said on Wednesday. As part of Mexico's flagship energy reform, the consortium in 2015 was awarded a contract to explore... Continue Reading →
When U.S. oil firm Talos Energy found nearly a billion barrels off Mexico’s southern Gulf coast two years ago, it marked the first discovery by a foreign firm since the oil industry was nationalized eight decades earlier. Now Mexico’s state-run oil firm Pemex wants to take over the lucrative project, according to two former Mexican... Continue Reading →
The country’s oil and gas regulator Comisión Nacional de Hidrocarburos (CNH) last week gave its nod for Eni to drill the Ehecatl-1 exploration well in the Block 7. Eni got hold of the block as part of the licensing round in 2017. Eni’s partner in the Block, Cairn Energy, said earlier this month that the... Continue Reading →
Oilfield services provider Petrofac has sold its remaining 51 percent stake in Mexican operations to Perenco. Petrofac said on Thursday that it had signed an agreement to sell its remaining interest in its Mexican operations to Perenco. Continue reading
In an Industry first, the provider of classification services to the offshore industry ABS partnered with Keppel Offshore & Marine (Keppel O&M) in developing the first two new build Drilling Rigs with Smart Notations. One of the rigs, which was delivered earlier this year for work in offshore Mexico, is already online with its performance... Continue Reading →
Houston-based Talos Energy has received a two-year contract term extension as well as regulatory approvals for additional exploration activities on Block 7, located in the offshore portion of Mexico’s prolific Sureste Basin. On September 4, 2019, the National Hydrocarbons Commission of Mexico (CNH) granted a two-year term extension under the Consortium’s production sharing contract for... Continue Reading →
Brazil Energy Insight 