Fresh off a historic tie-up with Australia’s BHP Billiton Plc, Pemex is aiming for more than five additional joint ventures with other major producers over the next two years, the chief executive officer of the Mexican state oil firm said on Monday Dec. 5.
BHP was chosen as Pemex’s partner in its Trion deep water Gulf project earlier on Monday, the first time the ailing Mexican oil firm will jointly share the risks and rewards of a potentially lucrative development, Reuters reported.
Pemex already plans four shallow water and onshore tie-ups next year, and Pemex CEO Jose Antonio Gonzalez Anaya hopes at least five more will follow by 2018.
“We have other fields in deep waters and may be able to do them soon,” he added, declining to specify how soon or which fields.
Hailing the Trion deal as a “milestone” for Mexico, Gonzalez defended the pursuit of costly and difficult deep water projects since the company can now rely on partners that have more experience and more capacity to invest in new developments.
To read complete article click here.
more recommended stories
Yucatecan art students can apply for scholarships
Merida, Yucatan, February 15, 2018. –.
Ferry explosion in Playa del Carmen leaves 18 injured
On Wednesday February 21, there was.
The Yucatan Peninsula finally integrated into the National Gas Pipeline System
San Francisco de Campeche, Campeche.- During.
How much waste does a Mexican generate in average?
The accumulation of solid urban waste.
Nestora Salgado, from convicted kidnapper to Senate Candidate
When Mexican leftist presidential candidate Andrés.
Yucatán, at the forefront of technological education
“Yucatan is at the forefront of.
INAH publishes new Museum of Underwater Archaeology catalog
Hand in hand with the recent.
One thousand heavily damaged buildings in Oaxaca after Feb. 16 earthquake
After walking the streets of the.
Homun residents oppose the opening of pig farm in their municipality
“The Ka’anan Ts’onot organization (Guardians of.
New prison facility to be built in Quintana Roo
The State Secretary of Public Safety,.