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January 31, 2018

Mexico to Hold Major Deep-Water Oil Auction Today

January 31, 2018

From Phys.org   January 31, 2018 Mexico instituted a major energy reform in 2013 that saw state-owned Pemex lose its monopoly on hydrocarbon production Mexican authorities will hold a deep-water oil auction Wednesday, the largest since the country’s government opened the sector to private industry. So far 26 companies from 16 countries—among them US heavyweights Exxon and Chevron, as well

Opening All Pemex Gulf Seismic Data is Boon for Oil Service, Seismic Firms

January 31, 2018

From Reuters Oil service and mapping firms still emerging from an industry recession have received a boost from about $800 million of data sales to energy firms considering bidding for Mexican oil and gas blocks. Mexico will on Wednesday hold its most important auction since a 2013 reform ended the 75-year monopoly on the energy sector held by state-run oil

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