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
Dangerous parasites attack the beaches of Yucatan
According to experts, millions of larvae,.
The Maya octopus a unique species endemic of Yucatan
Mexico is the third largest octopus.
National Tourist Business Council says tourist taxes cannot be used to pay for Maya Train project
According to Pablo Azcárraga, chairman of.
Exhibition about the human figure
Social Commitment Citibanamex, through Fomento Cultural.
Fill it up please… Thank you Walmart!
Walmart’s branch in Mexico and Central-America.
Yucatecan construction workers intoxicated with cement made in Egypt
Yucatecan construction workers say that the.
The U.S. and Mexico form new plan to take on drug cartels
According to PVDN, U.S. Drug Enforcement.
AMLO and business sector will build an economic power to double the annual growth rate
The incoming federal government and the.
Gender violence in Merida, a problem that is being solved
The only Psycho-pedagogical and Re-education Center.
Hipil, a combination of photography and embroidery featuring the daily life of Maya women
The exhibition Yucatán en hilos, by.