The work will centre on the 1,250-square-kilometre Trion light oilfield, estimated to hold 480 million barrels of oil. The licence contract for the Trion joint venture stipulates Pemex must take a minimum share of 45%. A partner will have to hold between 30 and 45%.
Mexico is expected to announce the qualified companies on September 30. The award is scheduled for December 5. The country’s highly anticipated deepwater bid round, which will see 10 separate deepwater fields go up for bid, will also be held that month.
In other news, Undersecretary of Hydrocarbons Lourdes Melgar is rumoured to be stepping down this week, Reuters cited people familiar with the matter as saying on Wednesday.
Chevron has signed a deal with NAMCOR to develop an offshore block in the Walvis Basin, the Namibian NOC was… Read More
Ørsted’s Greater Changhua 1 and 2a offshore wind farms are in operation in Taiwan and their combined 900 MW of… Read More
SkyPower Global has signed a 1-GW power purchase agreement with state-owned Zambia Electricity Supply Corp Read More
The government of Angola has approved Afentra’s acquisition of a 12% non-operating interest in offshore Block 3/05 and a 16%… Read More
TotalEnergies has agreed with US player Vanguard Renewables to jointly develop renewable natural gas (RNG) in the USA, the French… Read More
Canadian exploration player Sintana Energy has expanded in Namibia’s Orange Basin with a deal to acquire up to 67% in… Read More
This website uses cookies.