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Number of working Pemex rigs is the lowest in two decades

Thursday, May 18th, 2017 Category: Infrastructure
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Number of working Pemex rigs is the lowest in two decades

Pemex reported a historical low number of working rigs during 1Q17. Last year figures were bad, but were worse in the first quarter of 2017. Budget cuts and low oil prices are the main reasons for this critical situation.

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