AGR said its business in the Americas has been confirmed as a third party supplier to the country's oil and gas operators to certify and audit reserves.
When a massive country de-nationalizes its entire energy sector and opens its oil and gas doors for the first time ever to foreign companies, the opportunities are staggering.
The terms of a deal to develop a deep-water field off Mexico will be adjusted to create a more level playing field between state-run Pemex and its private project partners, a news report said.
UK subsea firms have begun a trade mission to Mexico.
The UK Government has awarded Robert Gordon University (RGU) funding to identify and close skills gaps in India’s energy sector.
Robert Gordon University (RGU) will help Mexico close the skills gap in its oil and gas industry after the UK Government awarded it funding for the project.
Petroleos Mexicanos, the state oil company, may avoid deeper cuts to its 2017 budget if lawmakers approve an 86-billion-peso ($4.6 billion) reduction proposed by the Finance Ministry.
Shell participated in protecting Mexico against low crude prices in 2017, according to four people with knowledge of the matter, the first time an oil company has taken part in the world’s largest commodities hedging program.
Drilling contractor Seadrill is “reviewing its legal options” in a dispute with Mexican state-owned company Pemex over a rig contract cancellation.
A subsidiary of Northcote Energy has signed a preliminary agreement with Pemex to carry out waste treatment services for the Mexican-state owned oil company. Mayan Drilling Fluids (MDF) will use its soon-to-be commissioned treatment facility in Comalcalco, Mexico, to recycle oil cuttings from fields operated by Pemex, if a binding agreement is reached. MDF is a joint venture between Northcote, which holds 51% of the enterprise, and its Mexican partner Gaia Ecologica.
SapuraKencana Petroleum has won a contract worth $113million from Pemex.
Petroleos Mexicanos is ramping up fuel imports for next month to make up for the shutdown of its fourth-largest refinery this week, according to a person familiar with the matter.
MX Oil said it was pursuing an investment strategy to beat the industry downturn. The firm is focussing on Nigeria and Mexico as areas to plough its cash into. In the past year, it has managed to raise £11million.
Fugro has deployed multi-purpose offshore vessel the Fugro Gauss to join one of its other vessels in Mexico as it completes the world’s largest seep-hunting survey for TGS.
McDermott International said it has been awarded a $454million contract from Pemex for engineering, construction and installation of the Abkatun-A2 platform.
Mexico’s ambassador to the UK, Diego Gomez Pickering, is visiting Scotland today to discuss business opportunities between the two nations.
Mexican state oil firm Pemex will present its first possible deepwater tie-up with oil firms in the Trion field.
Wood Group Mustang has agreed a joint venture with Grupo Diavaz, a Mexican oil and gas operator and services company.
Oil majors are in talks with Mexico's state-owned Pemex as the struggling state-run oil producer seeks partners to develop deepwater crude in the Gulf of Mexico.
MX Oil has suffered a setback after it revealed its flagship assets in Mexico are not worth progressing.
Mexico's oil and gas reserves dropped by 21.3% last year, according to the country's regulator.
Moody's Investors has downgraded the credit rating of Mexican state oil company Pemex.
Plans to sell off oil and gas leases in the US have been hit by protests from environmentalists.
Mexico will hold a private bidding round for the nation’s shale oil fields this year in part to cater to continued interest from US drillers eyeing expansion south of the border, according to Deputy Energy Minister Lourdes Melgar.
Petroleos Mexicanos’ woes are hitting home for suppliers that less than two years back were preparing for an oil boom.