Posts Tagged ‘Petróleos Mexicanos (PEMEX).’

One Day – One Country: Mexico

Mexico Key Projects and Business Highlights Since 2004, when Mexico was able to produce 3.4 million barrels per day (b/d), this oil and gas giant managed to come down to 2.55 million b/d on first half 2013 due to a constitution concentrating in one state owned company,  Petroleos Mexicanos (Pemex) all the […]

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Perdido discoveries could double Pemex crude oil reserves

Supremus-1 and Trion-1 open Pemex new horizon The Mexican national oil company, Petroleos Mexicanos (Pemex) made two major discoveries in a month in the Perdido Fold Belt deepwater of the Gulf of Mexico. In August 2012, Trion-1, first Pemex’s successful well was drilled only 39 kilometers from the US territorial […]

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Pemex in brief

We build the Pemex of the Future Petroleos Mexicanos (Pemex) was established as the Mexican national oil company in 1939 as a result of the Oil Industry Expropriation Presidential Decree.  In 1992, the Mexican Federal Government published a new Organic Law to position Pemex and its subsidiaries as a decentralized […]

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Mexichem multiplies alliances to build competitive VCM capacity

After Occidental, Mexichem signed with Pemex In August 2012, Mexichem SAB (Mexichem) signed a Memorandum of Understanding (MOU) with Occidental Petroleum Corp. (Oxy) through its chemical branch Oxychem to build a new ethylene cracker for the supply of vinyl chloride monomer (VCM). Vinyl Chloride Monomer is the primary feedstock for […]

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Pemex selects Petrofac-Shlumberger to boost Panuco

Petrofac-Schlumberger won 30 years Pemex contract The Pánuco Area in Mexico contains four mature onshore fields operated by the Mexico’s state-run oil company Petróleos Mexicanos (PEMEX). Discovered in the early 1900s with original oil in place of approximately 6.8 billion barrels, the Panuco oil fields have about 1,600 wells of which around 200 are […]

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