A fire appears to have forced an evacuation from an oil platform offshore Mexico, according to local reports.
The industry drilled more wells in 2021 than 2020, IHS Markit has reported, with notable successes in high impact wells adding new resources.
Mexico plans to end crude oil exports in 2023 as part of a strategy by the nationalist government of Andres Manuel Lopez Obrador to reach self-sufficiency in the domestic fuels market.
At least one person has been killed and a number of others injured when a pipeline owned by state oil company Petroleos Mexicanos (Pemex) exploded.
A Scottish offshore diver is on the road to recovery after Covid-19 complications left him in an induced coma for several weeks thousands of miles from home.
Borr Drilling sees better times ahead, predicting all its rigs might be in work by the end of 2022.
More than a decade since launching its business in Mexico, Whittaker Engineering is still, quite literally, finding new routes to explore.
New export markets in renewables are on the cards for Balmoral Group, typically known for its oil and gas buoyancy tech, as its product offering “evolves”.
Aberdeen-headquartered RigQuip has announced plans to create 120 jobs and invest at least £10m in growth plans over the next five years.
BP is due to deliver a first cargo of carbon neutral LNG to Mexico’s Energía Costa Azul (ECA) terminal today.
In late 2019 Gunvor Group, one of the world’s biggest oil traders, said it would make a clean break from the past by settling a long-running bribery case in Africa.
Drilling technology and services firm NXG has invested more than £1million to open new Aberdeen headquarters, and launch an operation in Mexico.
Eni reported strong results for the fourth quarter, with an adjusted operating profit of 802 million euros ($972.5mn) reported at its exploration and production unit.
Covid-19 deaths at Mexico’s state-owned oil giant accelerated last month at the fastest pace since August amid a second wave of infections in the nation.
IHS Markit expects companies to drill 38 high impact wells this year.
Mexico will cash in its oil price insurance policy this year for the fourth time only in the last two decades, receiving a payout of about $2.5 billion from its 2020 sovereign oil hedge, people familiar with the transaction said.
Borr Drilling has taken a 30% knock to its revenues after a series of cancellations and delays to contracts by oil and gas operators.
Backers of the Costa Azul LNG export plant in Mexico have reached a final investment decision (FID), the first to be taken globally this year.
Petrofac will start legal proceedings against Perenco to recover a balance of $80.2 million plus interest related to the sale of the remaining 51% of its Mexican operations.
TechnipFMC’s independent engineering consultancy Genesis Oil and Gas Consultants is expanding and dividing its business, separating its oil and gas business from its energy transition and diversified services.
Dolphin Drilling has won an $83m (£62m) contract with Pemex in Mexico.
Renaissance Oil Corp. has lined up an entry into Botswana in a bid to diversify its focus away from Mexico.
When 62-year-old Tomas Morales registered a fever of 101.3 Fahrenheit on April 14, the doctor told him to self-isolate. But there was a problem: Morales was on an oil platform off the Mexican coast only reachable by helicopter, and he shared a bedroom with three other workers.
Qatar Petroleum (QP) has signed farm-in agreements with Total on two blocks offshore Cote d’Ivoire.
Qatar Petroleum (QP) has bought into three blocks offshore Mexico, in the Campeche Basin, under an agreement with Total.