Mexican authorities said that thanks to the Energy Reform large investments reach to the country but apparently it will not be as expected. Secretariat of Energy declares that investments will be a 64.23% lower than projected.
Pemex cut daily rent rates of Oro Negro Drilling´s equipment and will suspend two rigs for one year, according to a press release. The amendments are subject to approvals and the companies expect to implement them in the coming weeks.
The company of oil exploration NXT is seeking an alliance with Pemex and private companies to use its technology in the search for oil in the Mexican underground, according to a report in Reforma. The company has latest technology for finding new oil fields.
Fieldwood is planning to drill on the Mexican side of the Gulf of Mexico next year, with the aim of starting production in 2019, acording to El Financiero.
Pemex is looking to improve its efficient allocation of resources, acquire technology and knowledge for all the hydrocarbons value chain through strategic alliances, using the Energy Reform, according to a report sent to the Securities and Exchange Commission (SEC) of the United States.
The Mexican subsidiary of Gulf calls upon the Government to accelerate fuel´s prices liberation for the next year, and the firm argues that this would not mean an explosion of gasoline imports, according to Millennium.