McDermott wins Mexican pipeline deal
US oilfield service firm McDermott International has won a pipeline installation contract with Mexico's Pemex.
Mexico
Petrofac to sell 49% of Mexican business
UK oilfield services firm Petrofac will sell 49% of its Mexican business to Perenco.
European majors join race for Mexico oil bonanza in Gulf waters
European oil majors are swarming the shallow-waters of the Gulf of Mexico as the country races to attract investment before an election.
Premier Oil snaps up three Mexican oil blocks
UK-based Premier Oil has been awarded stakes in three blocks in Mexico's latest licensing round.
Slowing Mexico oil reform would be ‘a shame,’ Pemex CEO says
Mexico’s 2013 decision to end the government monopoly on energy has resulted in billions in investment and the arrival of dozens of international oil companies.
Vista clinches $700m deal for Argentine oil assets
Mexico’s Vista Oil & Gas has clinched a deal to buy assets in Argentina for $700million.
Mexico hopes for boost to energy sector as it begins oil and gas auction
Mexico will today hold its most important oil auction since reforms to the country’s energy sector in 2013.
Oil’s big hitters ready to dive into Mexico’s deep waters
If you’re a super-major oil explorer, Mexico says it’s got a bargain for you.
Mexico desperate to lure oil investment before election
Mexico is trying to lure as much oil investment as possible before the president who overhauled the country’s energy industry leaves.
Global opportunities on show at Subsea Expo 2018
UK subsea service companies will have a chance to broaden their horizons at the sector’s main annual conference and exhibition.
Petrofac converts contact into block interest
Petrofac today confirmed it had completed the migration of the Santuario Production Enhancement Contract (PEC) into an interest in a Production Sharing Contract (PSC).
Tender for Mexican oil marketer falls flat, report says
An auction to become the marketer for Mexico’s share of oil and gas extracted under new contracts has fallen flat, a news report said. The National Hydrocarbons Commission said no bids were received by yesterday’s deadline, Reuters reported. A new tender process will be launched in the coming days, it said.
Harvey fallout exposes Mexico’s reliance on US natural gas
Hurricane Harvey’s crushing blow to the U.S. energy industry reveals just how dependent Mexico has become on natural gas from its northern neighbor.
Petrofac sells Mexico contract to Schlumberger
UK-based energy service firm Petrofac has sold its 50% stake in Petro-SPM Integrated Services to Schlumberger.
Mexico harvesting cactae for renewable energy
A Mexican green energy start-up is harnessing the unused parts of the prickly pear cactus to create biomass.
Vista raises $650m through Mexican share placing
Mexico’s Vista Oil & Gas has raised $650million through a share placing, a news report said. Vista, an energy investment firm, became the country’s first publicly traded oil firm by floating on the country’s stock exchange, Reuters reported. The company is backed by private-equity firm Riverstone Capital.
US splitting from 60-year trend to become net exporter of gas
The US was a net exporter of natural gas in three of the first five months of 2017, bucking a trend which has lasted more than half a century, a new report said.
Premier Oil firms up estimate for giant discovery off Mexico
Premier Oil today confirmed the 1billion barrel estimate for a giant discovery offshore Mexico.
Court gives Premier Oil all clear for restructuring
A court has approved North Sea operator Premier Oil's debt restructuring plans.
Mexico delays next oil auction to let huge new find sink in
Mexico will delay its next offshore oilfield auctions by a month, giving international bidders more time to evaluate recent major crude discoveries that highlight the potential value of the assets.
Billion-barrel Mexico find could spur rush on next oil auctions
A billion-barrel crude discovery in Mexico could be just the lure the country needs to boost investment from oil majors as it lacks the wherewithal to reverse years of sagging output.
Talos Energy: Who is the Mexican mega-well’s operator?
The discovery of a new 1billion barrel field in the Gulf of Mexico caused a ripple in the oil sector yesterday.
Updated: Premier Oil and Talos make one billion barrel oil discovery
Premier Oil this morning said it had made a "world class" oil discovery.
Maersk Supply Service enters Mexican market with Blue Marine
Subtec, a Blue Marine Group subsidiary, and Maersk Supply Service have agreed a long-term contract, entering Maersk to the Mexican market for the first time.
Cairn swoops for stakes in two Gulf of Mexico licences
Scottish oil company Cairn Energy has secured interests in two licences in the Gulf of Mexico.