mexico | Egypt Oil & Gas - Part 2

Pemex, Talos Instructed to Find Resolution Over Zama Discovery

Mexican state-run oil company Pemex and America’s Talos Energy Inc have been ordered by the energy ministry to find a resolution over how they will jointly develop the large Zama offshore oil discovery.

Mexico Refuses to Join July’s OPEC Cuts

OPEC member Mexico has stated that it will not join other top oil producing countries in supporting further oil cuts in July.

Wintershall Dea Makes Significant Oil Discoveries in Mexico

Wintershall Dea and its license partners have made two significant oil discoveries on the Polok and the Chinwol prospects in Block 29 offshore Mexico.

Qatar Petroleum Acquires 35% Stake in Eni’s Mexican Offshore Oil Fields

Qatar Petroleum has signed a deal with Eni to acquire a 35% stake in three of the Italian company's Mexican offshore oilfields.

Mexico Finances 90% of Zohr Pipeline Costs

Mexican investment has financed 90% of the costs of the pipelines installed in the Zohr natural gas field.

Egypt, Ukraine Discuss Boosting E&P Investments

The Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, discussed bilateral cooperation with Ukrainian diplomats in Cairo.

Cheiron to Partner in the Development of Mexican Oil Field

Egypt's Cheiron Holding Company won the right to partner with PEMEX, a Mexican company, to develop the Cardenas-Mora project in Mexico.

OPEC Might Extend Output Cut Deal

The Organization for Petroleum Exporting Countries (OPEC) could extend its oil output cuts to the end of 2017, provided other producers continue to cooperate on the deal.

Malaysia’s SapuraKencana Wins Pipeline Deal in Mexico

Malaysia’s largest oil and gas company by market capitalization, SapuraKencana Petroleum, has won a $113m contract to place a new pipeline in Mexico.

Oil Supermajors Apply to Bid for Mexican Oil Blocks

US energy giants Exxon Mobil and Chevron are among the 21 companies that have registered to bid for Mexico's fourth phase of maiden offshore oil blocks auction, estimated to contain 4b boe in reserves, alongside Euro ...

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