Swire Oilfield Services, a leading global provider of offshore containers and oilfield services, announced a strategic partnership agreement on Sept. 12 with Whittaker Engineering, for the supply of offshore containers and equipment to support the growing energy market across Mexico.
he targets include the Xlapak and Pok-A-Tok prospects, among others, with typical gross unrisked resources ranging from 75-150 million barrels of oil equivalent each, Talos said in a news release.
Rice Investment Group, formed by Daniel, Toby and Derek Rice, made its initial investment in the fracking software company Cold Bore in October 2018.
Critics argue the renegotiation sets a worrying precedent and may discourage investment in Mexico due to uncertainty about how contracts will be treated in future.
Regulatory hurdles and well-organized environmental opposition are clogging up North American pipeline projects.
Mexican state-oil firm Pemex is exploring 15 so-called integrated exploration and extraction contracts (CSIEE), a type of public-private partnership, Finance Minister Arturo Herrera said on Sept. 10.
Encana made changes to its executive leadership team on Sept. 10, including the promotion of Michael McAllister to president and Greg Givens to COO.
The company launched a two-month open season to solicit bids for space on Aug. 2. It faces stiff opposition from many Canadian producers, who say the tolls are unfair and the changes will limit their access to markets.