Statoil, Schlumberger sign Mexico seismic
Mexico The project launch came shortly after Mexico’s oil and gas assets were privatised in late 2014 in an effort to revitalise the country’s ailing hydrocarbons industry. Mexico’s National Hydrocarbons Commission announced last week that it was planning to auction 10 blocks in deep and ultra-deep waters in the Gulf of Mexico in 2016, for which private and foreign companies will be eligible.
The Campeche Basin has a complex geology, but is very promising. The seismic survey will cover 80,000 sq.km and be the first wide-azimuth multi-client broadband survey of the Gulf of Mexico’s Mexican waters.
For more news and features about Mexico, click here.
Recent Posts
Iberdrola to triple offshore wind assets to $18 billion
Spain's Iberdrola plans to triple its offshore wind assets in the coming years, bringing their value to USD 18 billion,… Read More
Angola’s Azule Energy awards Saipem $850-million contract
Saipem has been awarded a USD 850-million contract for subsea works in Angola by local BP-Eni joint venture Azule Energy,… Read More
Arrow Exploration spuds new well in Colombia
Arrow Exploration has spud a new production well on the Tapir block in Colombia’s Llanos Basin, the company announced on… Read More
Petronas makes discovery off Suriname
Petronas has made a third oil and gas discovery in Suriname's offshore Block 52, the Malaysian company announced on Wednesday Read More
Japan’s JERA slates $32 billion for LNG, renewables, new fuels
Japanese power generation player JERA on Thursday announced plans to invest USD 32 billion in LNG, renewables and new fuels… Read More
Chevron planning UK North Sea exit
Chevron is planning to exit its North Sea operations after 55 years of activity in the oil hotspot, Reuters reported… Read More