According to official data, foreign firms have been advancing on the development of oil projects, while Pemex seems to be ‘stuck.’
Pemex has great expectations for the Ixachi field development, considered its “star block”. The arrival of Andrés Manuel López Obrador (AMLO) to the Presidency of Mexico, generated many changes in the NOC plans and the investment budget for this field changed considerably in recent weeks.
Pemex said that the President’s refinery plan is viable, despite its high financial and environmental risks. The development of these and more stories in our periodic Eco summary.
The companies that won blocks in the past oil rounds continue to show their optimism about the results of their projects in the short and medium term in Mexico. Petrobal talked about its plans and gave an estimated date to start producing oil in the country.
Pemex presented modifications to the development plan of the Kambesah field. This is what the National Hydrocarbons Commission (CNH) had to say about it.
The National Hydrocarbons Commission (CNH) spoke about Pemex’s plans to develop the 20 fields considered key to achieving the production goals of the Andrés Manuel López Obrador (AMLO) government. The conclusions are not very encouraging.
CEO Octavio Romero announced the investment plans for the Ixachi field, located 72km south of the Port of Veracruz. The NOC is optimistic about this project’s results over the next six years.
Pemex is facing a difficult operational and financial situation, but the firm has a plan to change this. The NOC announced the development of several new oil fields and production expectations are high.
The National Hydrocarbons Commission (CNH) approved the development of an evaluation well by Australia’s BHP Billiton (LON: BLT). Here are the details.
Countries like Brazil and Colombia restarted their competitive processes, offering new blocks, while Pemex waits for the National Hydrocarbons Commission (CNH) to approve new farm-outs.
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