Petroleos Mexicanos and Talos Energy have finalized a plan to develop the giant oil field Zama in a deal that will enable Talos and its partners to participate in operational decisions after the Mexican state oil giant was granted operatorship.
An oil spill unleashed by Hurricane Ida is highlighting longstanding concerns about the more than 18,000 miles of decommissioned pipelines that still snake through the Gulf of Mexico, even though they no longer transport crude and natural gas.
Federal authorities are responding to a 14-mile long oil spill in the Gulf of Mexico discovered in the aftermath of Hurricane Ida, officials said Saturday.
More than a decade since launching its business in Mexico, Whittaker Engineering is still, quite literally, finding new routes to explore.
The sale of a stake in Mexico’s giant Zama oil field promised to help Premier Oil pay down debts and strengthen its balance sheet, but an ownership conflict is complicating that process.
Talos Energy has struck deals with BP and ExxonMobil covering new exploration opportunities in the US Gulf of Mexico.
Premier Oil said today that the resource estimate for the Zama field offshore Mexico had been raised "significantly" following the drilling of appraisal wells.
Offshore is ready for the limelight again.
Talos Energy is targeting first oil from the 1 billion barrel Zama discovery off Mexico in 2022.
As Premier Oil and Talos announce a billion barrel find in Mexico's Zama-1 exploration well - the first offshore exploration well drilled by the private sector in Mexico's history - EV decided to compile a list of the five most recent billion barrel hauls worldwide. The numbers alone are staggering.
A consortium that includes Mexico's Sierra Oil & Gas plans in early 2017 to make its first exploratory drill in one of the fields it was awarded as part of a landmark energy reform.