Tag: Mexico
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Australia’s Woodside invests $7.2 billion in an oil project in Mexico
The Australian Woodside Company has made the final investment decision in Mexico’s first deepwater field. This may revive work on developing competing projects in the coming months. The independent Australian company – which specializes in oil and gas exploration – announced that it had taken the final investment decision in the “Trion” field in Mexico,…
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Two oil discoveries in less than 24 hours in Guyana and the Gulf of Mexico
The oil sector in Guyana and the Gulf of Mexico witnessed the announcement of two new oil discoveries by the leading American Hess Corp., and the German Wintershall Dea. And Hess Corp announced a new oil discovery in the “Lancet Fish 1” area in the Stabroek block off the coast of the small Latin state…
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US oil and gas companies are competing for the first exploration round in the Gulf of Mexico since 2021
US oil and gas companies are preparing to compete for contracts for the first exploration round in the Gulf of Mexico to be approved by President Joe Biden, after the tours stopped since 2021. The US Department of the Interior has completed the necessary arrangements for holding the new auction to purchase exploration rights in…
