May 1st, 20190US offshore engineering firm McDermott International has been awarded a contract by ENI Mexico for engineering, procurement and construction of wellhead platform one (WHP1) to be installed at the Amoca field, offshore Dos Bocas in Mexico. Amoca WHP1 is an unmanned oil and gas production facility that includes eight producer wells and...
March 27th, 20190Dubai-based offshore services provider Telford Offshore has been awarded pipelaying and construction services contracts by Mexico’s Protexa. Protexa is chartering Telford’s multipurpose vessels Telford 31, Telford 34 and Telford 28, for a combined 400 days, and the vessels will be deployed on a shallow-water engineering,...
February 20th, 20190Keppel FELS, a wholly-owned subsidiary of Keppel Offshore & Marine (Keppel O&M), has fixed a sale and leaseback solution in order to deliver the jackup rig, , to Mexico’s Grupo R. A Keppel O&M subsidiary has bought the rig from Grupo R for $179m, which is balance contract value and the rig will now be leased back to the...
February 14th, 20190Houston-based offshore driller Rowan Companies has been awarded a one-well contract in Mexico by PC Carigali Mexico Operations, part of Malaysia’s Petronas, for 2014-built drillship . The contact is scheduled to commence in the second quarter of 2019, and has an estimated duration of 80 days. Petronas also has an additional one-well...
December 24th, 20180 Seacor Marine Holdings has formed a joint venue with a subsidiary of Mexico’s Proyectos Globales de Energía y Servicios CME to acquire Brazilian offshore vessel owner UP Offshore. The joint venture acquired UP Offshore for a nominal amount, refinancing around $95m of the company’s debt including a $15m loan from Mantenimiento...
December 17th, 20180Qatar Petroleum entered into an agreement with Italy’s Eni to acquire a 35% interest in three Mexican offshore oil fields in Campeche Bay. The agreement sees the company take a stake in the Amoca, Mizton, and Tecoalli fields, subject to approvals by the government of Mexico, while Eni continue to hold a 65% stake. Saad Sherida...
November 6th, 20180US offshore driller Rowan Companies, currently in the middle of a $12bn combination with Ensco, has been awarded a contract in Mexico by Total for 2014-built drillship . The contract is expected to commence early next year and is for a firm term of one well, estimated at around 60 days. The agreement also includes three one-well...
May 19th, 20180Mexico’s energy reform policy is being hampered by complicated regulatory requirements, according to Reuters which cites company bosses and government data to back up the claim. Energy reform began in 2013 when President Enrique Pena Nieto started opening up the nation’s oil fields to foreign investors and reducing the monopoly...
April 21st, 20180Mexican authorities have banned all state entities – especially the oil firm Pemex - from having business dealings with the Brazilian engineering firm Odebrecht for two-and-a-half years, according to Reuters. The reason is Odebrecht’s suspected involvement in corrupt dealings with Pemex, the former monopoly holder of domestic oil...
April 6th, 20180An advisor to the leftist candidate leading the polls ahead of Mexico’s presidential election has said that Andres Manuel Lopez Obrador would not overturn the energy reforms that have opened up much offshore oil and gas drilling to foreign and private competition, according to Reuters. Just two weeks ago Lopez Obrador told an...
