Pemex had been seeking a JV to exploit the super-tight crude of the area, but no companies expressed an interest in participating in the auction, scheduled for January 31.
The state oil company had initially planned a 49% share in the proposed JV, but in November scaled back this figure to 40%.
The National Hydrocarbons Commission had anticipated the Maximino-Nobilis asset to begin commercial production by 2024 and see a peak output of 174,000 boepd, with 265 mcf (7.5 mcm) per day of gas brought on line two years later.
Oslo-listed Shelf Drilling has secured a contract for the Shelf Drilling Fortress jack-up rig with an undisclosed North Sea operator… Read More
A 720-MW Australian solar farm is pioneering a model of agrivoltaics with livestock integration by playing host to more than… Read More
Malaysia’s Sapura Energy has been awarded a five-year contract from Thailand’s PTTEP to conduct Pan Malaysia subsea services for Petronas… Read More
QatarEnergy has struck a USD 6-billion deal with the China State Shipbuilding Corporation (CSSC) to build 18 of the largest… Read More
Chevron has signed a deal with NAMCOR to develop an offshore block in the Walvis Basin, the Namibian NOC was… Read More
This website uses cookies.