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Tag: Mexico
Wintershall Dea Licences Mexico_Block 29

Wintershall Dea makes two significant oil discoveries offshore Mexico

Posted: May 9, 2020 at 3:04 pm   /   Oil & Gas

License partnership of Block 29 makes two significant oil discoveries in the Polok and Chinwol prospects Polok discovery opens a new play within Mexico’s Salina Basin Wintershall Dea and its license partners have made significant oil discoveries on the Polok and the Chinwol prospects in Block 29 offshore Mexico. Polok is a play opening discovery […]

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Maridive

Maridive & Oil Services secures new contract in Mexico worth $27 million

Posted: May 6, 2019 at 10:34 am   /   Oil & Gas

The contract will serve to diversify the Group’s revenue streams and bolster its growing backlog. Maridive & Oil Services Co., one of the largest private offshore marine and oil support services providers in the MENA region by number of vessels, announced today that the Group’s Marine Division has secured a new contract in Mexico for […]

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German DEA, Egyptian Cheiron to partner with Pemex, become operators in Mexico

Posted: October 7, 2017 at 7:42 pm   /   Oil & Gas

Deutsche Erdoel AG (DEA) of Germany has acquired a 50% license share and operatorship of onshore Ogarrio oil field in southern Mexico’s Tabasco state 197 km west of Villahermosa. The share was offered in the latest farmout auction of the National Hydrocarbons Commission. Petroleos Mexicanos (Pemex) will be the partner, holding the other 50%. Separately, […]

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Egypt's Cheiron wins bid for development of Cárdenas-Mora oil field in Mexico

Posted: October 5, 2017 at 6:52 pm   /   Oil & Gas

The Egyptian company Cheiron Holdings Limited was awarded the winning bid during the process of the Cárdenas-Mora onshore block, by making an offer consisting of an initial payment of 125 million dollars, which acknowledges previous investments made by Pemex, as well as additional royalties of 13% and a cash payment of 41.5 million dollars (md), […]

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