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Mexico News

 

OPEC+ Oil Pact Hinges on Mexico Joining

Apr 10, 2020

Saudi Arabia's energy minister said on Friday that a final OPEC+ oil supply pact to reduce 10 million barrels per day (bpd), which was agreed on Thursday, hinges on Mexico joining in the cuts.OPEC, Russia and other allies, a group known as OPEC+, outlined plans on Thursday to cut their oil output by more than a fifth, but said a final agreement was dependent on Mexico signing up to the pact after it balked at the production cuts it was asked to make…

PTTEP: Two New Oil Finds Offshore Mexico

May 04, 2020

Thai energy company PTT Exploration and Production Pcl said on Monday its joint venture had made two deep-water oil discoveries in the Salina Basin, offshore Mexico.The Mexican subsidiary of PTTEP, Thailand's largest oil and gas producer, and…

Sapura Installs Hokchi Satellite Platform in Mexico

Mar 13, 2020

Malaysia’s Sapura Energy has completed the installation of a satellite platform topside offshore Mexico, as part of Hokchi Energy's Hokchi field development.In a post on social media on Friday, Sapura Energy said it successfully lifted and set down the Hokchi Satellite Platform topside…

Current News

Baker Hughes Sets Up Global Network to Bolster Mature Oil and Gas Fields Production

Baker Hughes Sets Up Global Network to Bolster Mature Oil and Gas Fields Production

Valaris Secures $600M in New Contracts as Backlog Rises to $4.8B

Valaris Secures $600M in New Contracts as Backlog Rises to $4.8B

Production Restart at Australian Offshore Fields Boosts Jadestone's Oil Output

Production Restart at Australian Offshore Fields Boosts Jadestone's Oil Output

Aramco Targets Hormuz Bypass with East-West Pipeline Expansion

Aramco Targets Hormuz Bypass with East-West Pipeline Expansion

ADES Lands New Offshore Drilling Rig Deals in Angola and Indonesia

ADES Lands New Offshore Drilling Rig Deals in Angola and Indonesia

Shell to Exit Australia's North West Shelf Project in $1.45B Deal with XRG

Shell to Exit Australia's North West Shelf Project in $1.45B Deal with XRG

Aramco Third Quarter Profit Up 35% Despite War Disruptions

Aramco Third Quarter Profit Up 35% Despite War Disruptions

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