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  • Pemex Undersigns Contracts for Hydrocarbon Exploration and Extraction in Deep Waters of the Gulf of Mexico
    édité le 09/05/2018 - Plus de news de "PEMEX" - Voir la fiche entreprise de "PEMEX"


Pemex Undersigns Contracts for Hydrocarbon Exploration and Extraction in Deep Waters of the Gulf of Mexico
Petróleos Mexicanos undersigned four contracts for hydrocarbon exploration and extraction: one with Shell, another with the companies Chevron and Inpex, and two individual contracts. These are all to work in deep-water blocks in the Gulf of Mexico, which were part of the bidding process hosted by the National Hydrocarbons Commission in Round 2.4.

Thus, Pemex consolidates its position as a reliable, attractive and competitive partner, who has learned to adapt to the new conditions of the international oil production environment. Joint ventures of this kind strengthen the company’s potential to profitably, sustainably, and safely maintain its production platform.

The contracts were signed by the CEO of Pemex Exploración y Producción, Juan Javier Hinojosa Puebla; the CEO of Shell Mexico, Alberto de la Fuente; the CEO of Chevron Mexico, Evelyn Vilchez, and for Inpex Mexico, CEO Ryo Manabe.

Petróleos Mexicanos is currently taking advantage of the flexibility and tools granted to the company by the Energy Reform to establish new joint ventures. The four new contracts will allow the companies to jointly explore the deep waters of the Gulf of Mexico where the State-owned Productive Company has proven to rely on high technical and operating capabilities, while sharing the technological and financial risks.

Likewise, Pemex is using this opportunity to make further progress on complementing its exploration portfolio and thus meet its medium and long-term reserve integration goals, as established in its Business Plan for 2017-2021.

Pemex is the operator on blocks 5 and 18, with 100 per cent participation. These areas are located in the geological regions of Cinturón Plegado Perdido and Cordilleras Mexicanas, and they cover a surface of 2,733 and 2,917 km2, respectively. The adjudication of these blocks strengthens Pemex’s exploration portfolio, as it will allow the company to continue exploring the Gulf of Mexico.

For block 2, Petróleos Mexicanos is currently partnered with Shell, with 50 per cent participation, and the Anglo-Dutch company will be the operator of this consortium. This block is located in the geological region of Perdido in the Gulf of Mexico and spans a surface of 2,146 km2. This joint venture with Shell will allow Pemex to establish a solid business relationship with one of the most experienced companies among the leaders of the international oil industry.

In Block 22, Pemex’s participation is 27.5 per cent, as it is entering this venture together with the American Chevron and the Japanese Inpex. This block is located in the geological region of Cuenca Salina and spans 2,879 km2. Preliminary studies have been performed on this block and suggest that the hydrocarbons expected to be found in this area will be mostly heavy crude oil.

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 Royal Dutch Shell plc

Royal Dutch Shell plc is incorporated in England and Wales, has its headquarters in The Hague and is listed on the London, Amsterdam, and New York stock exchanges. Shell companies have operations in more than 70 countries and territories with businesses including oil and gas exploration and production; production and marketing of liquefied natural gas and gas to liquids; manufacturing, marketing and shipping of oil products and chemicals and renewable energy projects.

About Chevron

Chevron Corporation (NYSE:CVX) is one of the world's leading integrated energy companies. Through its subsidiaries that conduct business worldwide, the company is involved in virtually every facet of the energy industry. Chevron explores for, produces and transports crude oil and natural gas; refines, markets and distributes transportation fuels and lubricants; manufactures and sells petrochemicals and additives; generates power; and develops and deploys technologies that enhance business value in every aspect of the company's operations. Chevron is based in San Ramon, Calif.


About INPEX

INPEX CORPORATION is Japan’s largest exploration and production (E&P) company,
and a mid-tier E&P player just behind the world’s oil majors. INPEX is currently involved in approximately 70 projects across more than 20 countries, including the Ichthys LNG Project in Australia as Operator. Through sustainably growing its oil and gas development business, INPEX aims to become a top class international oil and gas E&P Company and continue providing a stable and efficient supply of energy to its customers.


Origine : Communiqué PEMEX

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