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Latest Pemex News

Pemex's balance sheet calls out for investors in oil, gas and power sectors
Pemex, Mexico's state oil company, is hoping that an infusion of capital from private equity firms and other foreign investors will help it stave off a pressing liquidity crunch. Pemex, which is goin
Friday, February 26, 2016

Pemex reform efforts in Mexico hobbled by oil downturn: Fuel for Thought
Falling crude oil production, falling refined product output and falling income have led many to believe that the sky is falling on Mexico's state-owned oil company Pemex. The perilous situation for
Wednesday, February 3, 2016

PEMEX extends contract for nitrogen supply with Linde
  • Contract runs through 2027
  • Largest nitrogen plant in the world: Linde now supplies 1,500 million cubic feet per day for enhanced oil recovery (EOR) in the Gulf of Mexico
Thursday, January 14, 2016

Pemex extends Fugro offshore geophysical and geotechnical campaign
Mexican national oil company, Pemex, has awarded a further extension to Fugro's contract to support its exploration drilling activities in the Bay of Campeche. The contract extension is valued at app
Wednesday, December 23, 2015

Fugro awarded geophysical and geotechnical contract extension with PEMEX
Fugro (Mexico) in conjunction with long-time associates, Diavaz, has been awarded an extension of the ongoing offshore geophysical and geotechnical campaign by the Mexican national oil company, PEMEX.
Tuesday, October 6, 2015

PEMEX dismisses official involved in million-dollar contract conflict of interest
An investigation carried out by the Unit of Responsibilities of Petróleos Mexicanos' Internal Control Unit, led to the identification and acknowledgement of the participation in unlawful acts o
Thursday, August 13, 2015

PEMEX awards offshore engineering to Wood Group
Wood Group has been awarded a three-year offshore engineering blanket order by PEMEX Procurement International for field development in Mexico's Gulf of Mexico waters. The agreement, valued at up to U
Tuesday, August 11, 2015

McDermott awarded Ayatsil-C EPCI offshore contract by PEMEX
McDermott International, Inc. (NYSE:MDR) today announced it has been awarded an offshore contract by Petróleos Mexicanos (PEMEX) for the engineering, procurement, construction, installation (EP
Thursday, June 4, 2015

EMGS continues to work for PEMEX in Mexico
Electromagnetic Geoservices ASA (EMGS) has received a letter from PEMEX to return for 3D EM acquisition in Mexico. The vessel BOA Galatea is expected to re-start the work for PEMEX. The order is confi
Thursday, June 4, 2015

Pemex and First Reserve announce $1 billion agreement to invest in Mexico's energy infrastructure
Petroleos Mexicanos and First Reserve, the largest global private equity and infrastructure investment firm exclusively focused on energy, announced a US$1 billion agreement to mutually invest in ener
Tuesday, April 7, 2015

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