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Mexico

A massive 10-story, 4,500-ton industrial processing module for Woodside Energy's $12.5 billion Scarborough Gas Project at the Pluto LNG facility in Karratha, Western Australia
Business Developments & Projects

Australian gas project enters home stretch as developments in Mexico and US Gulf make new inroads

Woodside’s Scarborough, Trion, and Louisiana LNG projects have hit new milestones, with the finish line in sight for the first one.

8 days ago
Rendering of the proposed LNG terminal; Source: LNG Alliance
Clean Fuel

Technip Energies picks up assignment on Mexican LNG project

French-based engineering player Technip Energies has been hired to work on a liquefied natural gas (LNG) export terminal in Guaymas, Sonora, on Mexico’s West Coast.

about 1 month ago
Gulf Driller VII aka Perro Negro 11 - Saipem
Fossil Energy

Saipem hands Saudi jack-up fleet to ADES in strategic shallow-water exit

Italy’s engineering, drilling, and construction services company Saipem has divested its shallow-water drilling business in Saudi Arabia to ADES Saudi Limited Company, an indirect subsidiary of Saudi Arabia-headquartered ADES Holding Company, which has now added about SAR 3.7 billion ($987 million)

about 1 month ago
Borr Galar and Borr Njord; Photo credit: GPO Heavylift
Fossil Energy

Borr Drilling keeps three jack-up rigs as it reorganizes Mexico ops with stake sale

Borr Drilling, an offshore drilling player with its corporate base in Bermuda, has taken steps to streamline its operations in Mexico through a sale of its interests in joint ventures Perforaciones Estratégicas e Integrales Mexicana and Perforaciones Estratégicas e Integrales Mexicana II, known toge

about 1 month ago
Trion development concept; Source: Woodside
Fossil Energy

Woodside, Pemex eye new Gulf of Mexico deepwater oil & gas exploration opportunities

Australian energy giant Woodside is forging a path with Mexico’s state-owned petroleum heavyweight Petróleos Mexicanos (Pemex) to hunt for potential deepwater hydrocarbon plays in the Gulf of Mexico under a non-binding memorandum of understanding (MOU).

about 1 month ago
Illustration; Source: Cotemar
Fossil Energy

American Bureau of Shipping subsidiary hit with $59.4M Cotemar claim in New York after two court losses

Mexican offshore services company Cotemar has launched an enforcement action in New York seeking $59.4 million from ABSG Consulting, a U.S. government contractor and subsidiary of American Bureau of Shipping (ABS), after two court victories in Mexico ordering ABSG to pay for work completed more than

about 2 months ago
Trion equipment arrives in Mexico ahead of offshore installation; Source: SBM Offshore
Fossil Energy

$10.4B oil project nears offshore installation as key equipment reaches Mexico

Netherlands-based SBM Offshore, a provider of the design, construction, installation, and operation of offshore floating facilities, has confirmed the arrival of offshore equipment in Altamira, moving a multibillion-dollar ultra-deepwater oil development project closer to its installation campaign o

about 2 months ago
Borr Drilling’s Mexican JV completes purchase of five rigs for $287 million
Fossil Energy

Borr Drilling’s Mexican JV completes purchase of five rigs for $287 million

BC Ventures, a 50/50 joint venture between subsidiaries of Bermuda-based Borr Drilling and CME as its long-term well construction partner in Mexico, has completed the acquisition of five jack-up rigs from Fontis Finance, an indirect subsidiary of Bermuda-headquartered Paratus Energy Services. For a

about 3 months ago
Illustration; Source: TotalEnergies
Fossil Energy

TotalEnergies offloading Mexican shallow water block to Grupo Carso

A Mexican subsidiary of France’s energy giant TotalEnergies has struck a deal to divest its stake in a block off the coast of Mexico to Mx Dlta Nrg 1, a subsidiary of Zamajal, a company in which Grupo Carso holds an 80% interest and Control Empresarial de Capitales the remaining 20%.

about 3 months ago
A jack-up rig
Fossil Energy

Borr Drilling’s Mexican JV closer to being five rigs richer as sale clears regulatory hurdle

Bermuda-headquartered Paratus Energy Services has picked up clearance for the divestment of drilling operations and jack-up fleet belonging to Fontis Finance, an indirect subsidiary, which is divesting its assets to Proyectos Globales de Energía y Servicios CME (CME) and BC Ventures, a 50/50 joint v

about 3 months ago
TotalEnergies ships first LNG cargo from Mexican project to Asia
Fossil Energy

TotalEnergies ships first LNG cargo from Mexican project to Asia

France’s energy giant TotalEnergies has shipped the first cargo to Asia from the first liquefied natural gas (LNG) export terminal on Mexico’s Pacific Coast, currently under commissioning. ECA LNG Phase 1 consists of a single-train liquefaction facility with a nameplate LNG capacity of 3.25 million

about 3 months ago
Trion development concept; Source: Woodside
Fossil Energy

SBM Offshore puts $465 million financing in place for Gulf of Mexico-destined FSO

Netherlands-based SBM Offshore, a provider of the design, construction, installation, and operation of offshore floating facilities, has secured multimillion-dollar financing for a newbuild floating storage and offloading (FSO) unit, which will be deployed at a deepwater oil project off the coast of

about 4 months ago
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