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Pemex will pay less to Oro Negro Drilling Pte.

Pemex cut daily rent rates of Oro Negro DrillingĀ“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.

Friday, September 23rd, 2016
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NXT seeks to apply its technology in Mexico

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.

Friday, September 23rd, 2016
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CNH could postpone the first auction of a Farm-out agreement

The participation expectations of oil-companies have not been met for the National Hydrocarbons Commission (CNH), due to it has been very low.

According to a report in Millennium, the CNH will evaluate whether postpones auction of Trion field, which is initially planned for next December 5th.

Thursday, September 22nd, 2016
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Fieldwood interested in Mexican hydrocarbons sector

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.

Thursday, September 22nd, 2016
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Mexico has imported more than 12 billion liters of gasoline

In the first half of 2016, it has been imported 12,694 million liters of fuels, with a value of US$4.9B, according to data from the Ministry of Economy. In 2015, the Federal Government spent US$13.4B in fuels’ imports.

Thursday, September 22nd, 2016
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Pemex will increase executive positions in 2017

Despite budget cuts that have been announced for the oil-company, Pemex will increase 20% its executive positions for next year, according to a report in El Economista.

Wednesday, September 21st, 2016
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