AGR named as registered reserves auditor by Mexican authorities
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.
Mexico
Opinion: Why Mexico’s oil reform is a huge opportunity for investors
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.
Mexico to cut stake in first deep-water venture to level playing field, report says
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.
Subsea firms are on a mission to Mexico
UK subsea firms have begun a trade mission to Mexico.
RGU wins funds to draw up training programme for Indian oil and gas workers
The UK Government has awarded Robert Gordon University (RGU) funding to identify and close skills gaps in India’s energy sector.
RGU to help Mexico close oil and gas skills gap
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.
Mexico’s 2017 budget cuts for Pemex fall short of expectations
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 becomes first non-bank to join Mexico oil hedge, sources say
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.
Seadrill ‘reviewing legal options’ in Pemex contract cancellation dispute
Drilling contractor Seadrill is “reviewing its legal options” in a dispute with Mexican state-owned company Pemex over a rig contract cancellation.
Northcote inks oilfield waste treatment agreement with Pemex
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 wins $113m Pemex contract
SapuraKencana Petroleum has won a contract worth $113million from Pemex.
Pemex said to boost fuel imports for August on refinery shutdown
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 invests in Nigeria and Mexico to beat downturn
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 deploys vessel to support TGS survey work in Mexico
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 wins $454m contract for new Abkatun platform
McDermott International said it has been awarded a $454million contract from Pemex for engineering, construction and installation of the Abkatun-A2 platform.
Mexican ambassador aims to boost Scottish oil and gas links
Mexico’s ambassador to the UK, Diego Gomez Pickering, is visiting Scotland today to discuss business opportunities between the two nations.
Pemex expected to present first deepwater tie-up
Mexican state oil firm Pemex will present its first possible deepwater tie-up with oil firms in the Trion field.
Wood Group forms JV in Mexico
Wood Group Mustang has agreed a joint venture with Grupo Diavaz, a Mexican oil and gas operator and services company.
Oil majors talk to Pemex over Gulf of Mexico prospects
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 suffers setback with disappointing Mexican results
MX Oil has suffered a setback after it revealed its flagship assets in Mexico are not worth progressing.
Mexico’s proven oil and gas reserves drop by more than 20%
Mexico's oil and gas reserves dropped by 21.3% last year, according to the country's regulator.
Moody’s cuts Pemex rating
Moody's Investors has downgraded the credit rating of Mexican state oil company Pemex.
Protesters rally against US Gulf of Mexico oil and gas leases
Plans to sell off oil and gas leases in the US have been hit by protests from environmentalists.
Mexico to proceed with auction round for shale fields this year
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.
Pemex woes trigger 2,000 provider job cuts as boom turns to bust
Petroleos Mexicanos’ woes are hitting home for suppliers that less than two years back were preparing for an oil boom.