Pemex partners to develop Lakach offshore gasfield

New Fortress Energy has signed a long-term strategic partnership with NOC Pemex to jointly develop the Lakach deepwater gasfield in Mexico, the US energy infrastructure company announced on Tuesday.

The companies plan to complete seven wells over a two-year period and deploy an FLNG with the capacity to produce 1.4 million tonnes of LNG per year.

The current development phase is expected to produce for ten years, with further production possible if nearby fields are developed.

The project will jointly supply gas to Mexico’s domestic market and New Fortress Energy to produce LNG for export.

Lakach gasfield was discovered by Pemex in 2007. It is one of the largest non-associated gasfields in the Gulf of Mexico, with reserves of 28.3 bcm (1.1 tcf). Combined with the nearby undeveloped Kunah and Piklis fields, the area holds reserves of 93.5 bcm (3.3 tcf).

Recent Posts

Namibia gets $138.5-million boost for renewables vision

The World Bank has granted Namibia a $138 Read More

6 hours ago

PetroVietnam’s exploration arm announces oil finds

PetroVietnam exploration arm PVEP has announced two oil finds with combined initial reserves of 100 Read More

8 hours ago

Mozambique’s Coral Sul FLNG passes performance test

Air Products’s LNG liquefaction equipment deployed on Coral Sul FLNG in Mozambique has successfully passed its performance test, Air Products… Read More

16 hours ago

Saudi Aramco hands $1.7-billion contract to China’s CPECC

Saudi Aramco has awarded a USD 1 Read More

21 hours ago

Seatrium wins MODEC contract for Guyana-bound FPSO

Singapore’s Seatrium has secured a topside integration project for the FPSO Errea Wittu from Offshore Frontier Solutions, a MODEC Group… Read More

2 days ago

UK allows oil exploration in North Sea wind project zones

The UK's hydrocarbons regulator has awarded 31 new exploration licences in the country's North Sea waters, Reuters reported on Friday Read More

4 days ago

This website uses cookies.