Puerto Vallarta News

Puerto Vallarta News

Trion field

At least eight oil companies to bid in Mexico Trion tender

At least eight large oil companies will participate in Mexico's tender to partner with state oil company Pemex to develop the deep-water Trion field in the Gulf of Mexico, two sources from the National Hydrocarbons Commission (CNH) said.

Mexican subsidiaries of BHP Billiton, BP, Chevron Corp., Inpex Corp., Total Exxon, Shell and Mitsubishi Corp. will bid on Dec. 5 to be part of the Joint Operating Agreement with Pemex, the sources, who spoke on condition of anonymity, said.

Pemex will own about 45 percent of the consortium formed for exploration and production in Trion, located in the Perdido . . .

Read Full Story

Related Posts

airport drill

Jalisco winter tourism rises and Vallarta gains 4%

Jalisco drew about 1.6M winter-holiday tourists, up 4%. Puerto Vallarta also rose 4% as new...
Mexican peso strengthens

Peso strengthens as Fed chair probe hits the dollar

The peso firmed near 17.9 per dollar as a criminal probe involving Fed Chair Jerome...
BCS rent regulation

Mexico City renting 2026 rules reshaping the market

Mexico City rentals in 2026 face inflation-capped hikes, one-month deposits, contract registration, and protections for...
Mexico earns Guinness record for largest embroidery show

Mexico earns Guinness record for largest embroidery show

Mexico set a Guinness World Records mark at Los Pinos with 3,106 embroidered and textile...