Pemex Gets Go-Ahead to Develop Once-Abandoned Deepwater Gas Field

Pemex does not have much experience in deepwater ventures. Its flagship ultradeepwater oil project Trion, being developed along with Woodside Energy, is still pending the final investment decision.

LNG an East Africa Possibility If Challenges Are Overcome

Legal, security and infrastructure hurdles stall oil and gas progress offshore East Africa.

Israeli Court Gives Green Light to Lebanon Maritime Deal, Signing Seen on Thursday

Israel and Lebanon anticipate signing an agreement to set an important maritime border on Oct. 27.

India Offers 42 Hydrocarbon Blocks in Latest Auction

India's 26 offered blocks include 15 ultra deepwater, eight shallow water and three onland blocks covering a total of 223,000 sq km.

Lebanon, Israel Clinch Maritime Border Deal, Israel Says

Lebanon and Israel's new maritime deal sets a boarder between the two countries' waters while allowing both to receive royalties from an offshore gas field that cuts through the boarder.

Talos Energy Snags EnVen for $1.1 Billion

Talos Energy’s acquisition of private operator EnVen Energy grows Talos’ deepwater Gulf of Mexico footprint with the company anticipating subsea tieback opportunities.

Equinor Sets the Stage for Atlantic Canada’s Low-carbon Future

Equinor establishes ambitious low-carbon goals for its deepwater Bay du Nord development in Atlantic Canada offshore Newfoundland.

Exxon Boosts Guyana Oil Output, Undecided on Future Auction Bid

Guyana is unsure how to distribute oil properties outside of Exxon Mobil's blocks and postponed a possible auction, according to source close to the matter.

Shell’s Bonga Deepwater Vessel Set for Maintenance in October

Bonga crude oil stream was due to load 31,000 bbl/d in October, down from 95,000 the previous month, according to a preliminary export program seen by traders.

Pemex Deepwater Gas Project Draws Rebuke from Mexico’s Regulator

Mexico’s president, Andres Manuel Lopez Obrador, has sought to champion state companies and keep private investors on the sidelines, an agenda complicated by Pemex’s lack of capital and huge debts.