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  • DEA wins three exploration blocks as operator in Mexico’s bid round 3.1
    édité le 28/03/2018 - Plus de news de "DEA" - Voir la fiche entreprise de "DEA"


DEA wins three exploration blocks as operator in Mexico’s bid round 3.1
In Mexico’s shallow water bid round 3.1, Deutsche Erdoel Mexico was awarded two blocks with its partners Pemex Exploration and Production and CEPSA and one block jointly with its partners Sapura E&P and Premier Oil. In all three blocks, the affiliate of the German E&P company DEA, Deutsche Erdoel Mexico will be the operator.

"We are very pleased with the awards in this highly competitive bid round 3.1. The blocks we won are an excellent fit to our plans in Mexico. The country plays an important role in our global growth strategy. We recently entered the Mexican market and are one of the first international operator of oil production in the country. Now, we expand our exploration portfolio with promising opportunities," said Maria Moraeus Hanssen, CEO of DEA Deutsche Erdoel AG.

Deutsche Erdoel Mexico won Block 16 and 17 (both with partners Pemex Exploration and Production and CEPSA) in the Tampico-Misantla Basin and Block 30 (with partners Sapura E&P and Premier Oil) in the Sureste Basin.

"The bid round results are a great success, giving us access to highly prolific basins," said Juan Manuel Delgado, President of Deutsche Erdoel Mexico. "Both, the Tampico-Misantla and the Sureste Basin offer significant undiscovered resource potential. Block 30 is in vicinity of recent large oil discoveries. Block 16 and 17 are located in the immediate vicinity of Block 2, where we already have exploration activities as partner with Pemex. The blocks are a strong complement to our portfolio. We now look forward to start the exploration work together with our partners," Delgado added.

About Deutsche Erdoel Mexico

Deutsche Erdoel Mexico is a subsidiary of the international E&P Company DEA Deutsche Erdoel AG, that is based in Hamburg, Germany. In March 2018, Deutsche Erdoel Mexico took over operatorship of the onshore oil field Ogarrio in the state Tabasco. The 50 percent license share and operatorship of Ogarrio were awarded during the farm-outs in October 2017. Earlier that year, the company won the Block 2 in Licensing Round 2.1 in consortium with Pemex. Deutsche Erdoel Mexico has offices in Mexico City and in Villahermosa.

About DEA Deutsche Erdoel AG

DEA Deutsche Erdoel AG is an international operator in the field of exploration and production of crude oil and natural gas based in Hamburg. Its focus is on safe, sustainable and environmentally conscious exploitation of oil and gas. Deutsche Erdoel AG has 119 years of experience working along the entire upstream value chain as operator or project partner. With a staff force of 1,150 employees, DEA Deutsche Erdoel AG has shares in production facilities and concessions in, among others, Germany, Norway, Denmark, Egypt, Algeria and Mexico.

About Pemex

Pemex, Mexico's state oil company, is engaged in the exploration, production, transportation, refining, storage and sale of hydrocarbons and derivatives. Its products include petrochemicals, natural gas, liquid gas, sulphur, gasoline, kerosene and diesel. Pemex operates 344 production fields, 6,382 production wells, 225 off-shore platforms, 6 refineries, 8 petrochemical complexes, 7,896 km of gas pipeline, 4,548 km of oil pipeline, and 19 LPG distribution terminals.

About Cepsa

Cepsa is an energy group wholly owned by Mubadala Investment Company. It employs close to 10,000 professionals and operates at every stage of the hydrocarbon value chain. It is engaged in petroleum and natural gas exploration and production activities, refining, the transportation and sale of oil and natural gas derivatives, biofuels, co-generation and the sale of electricity.

The Company has developed a world-class petrochemical division that is tightly integrated with its oil refining segment, where feedstock is manufactured and sold for the production of high-added-value components, chiefly used in making next-generation plastics and biodegradable detergents. It has a significant presence in Spain and, thanks to the progressive internationalization of its activities, it is now also active on several continents, selling its products throughout the world.


Origine : Communiqué DEA

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