"Zama" News

DORIS Secures FEED Job for Zama Field Offshore Mexico

Jun 13, 2024

The Zama unit partners - operator Pemex, Wintershall Dea, Talos Energy and Harbour Energy - have awarded the Front-End Engineering and Design contract (FEED) to the French engineering company DORIS for the development of Zama oil field offshore Mexico…

Esgian Week 32 Report: Second Round of Saudi Jackup Suspensions

Aug 11, 2024

Esgian provides an update on the second round of jackup suspensions in Saudi Arabia in its Week 32 Rig Analytics Market Roundup.Report SummaryContractsArabian Drilling has confirmed that Saudi Aramco has initiated discussions with the drilling…

Mexican Billionaire Carlos Slim Wants to Join Pemex in Deepwater Natural Gas Project

Jun 17, 2024

Mexico's President Andres Manuel Lopez Obrador said on Friday that businessman Carlos Slim is interested in participating in the country's first deepwater natural gas project, working alongside state energy company Pemex.In March, Reuters reported…

Esgian Week 20 Report: Update on Saudi Suspensions

May 19, 2024

Esgian provides an update on Saudi suspensions in its Week 20 Rig Analytics Market Roundup.Report SummaryContractsDrilling contractor Arabian Drilling confirmed that the suspension of three contracts for its jackups with Saudi Aramco have yet…

Talos Energy Makes Leadership Team Changes

Apr 26, 2024

U.S. oil and gas company Talos Energy has made organizational updates aimed at supporting its business growth and strategic priorities, following the recently closed QuarterNorth Energy acquisition.Sergio Maiworm, who joined Talos in 2018, was…

Mexican Billionaire Carlos Slim's Firm Acquires Stake in Zama Offshore Oil Field

Sep 28, 2023

U.S.-based oil and gas company Talos Energy has completed the sale of its 49.9% interest in Talos Mexico to Zamajal, a subsidiary of Grupo Carso, a company controlled by the family of the Mexican billionaire Carlos Slim.Talos Mexico, now owned 50…

Esgian Week 51 Report: Biden Administration Publishes Lease 2024-2029 Program

Dec 22, 2023

Esgian has released its Week 51 Rig Analytics Market Roundup, highlighting regulatory action in the United States.The Biden Administration has published the final 2024–2029 National Outer Continental Shelf Oil and Gas Leasing Programme with “the fewest oil and gas lease sales in history…

Mexican Tycoon Slim Buys Stake in Zama Offshore Oil Field from Talos

May 26, 2023

A unit of Mexico's Grupo Carso, controlled by the family of Mexican billionaire Carlos Slim, said on Thursday it has purchased a minority stake in Talos Energy Mexico for $124.75 million to obtain a portion of the offshore Zama oil project.The acquisition needs approval of Mexican regulators…

North Sea Oil Producer Harbour in Merger Talks with Talos - Sources

Jun 07, 2023

Britain's largest North Sea oil and gas producer, Harbour Energy, is in talks to merge with Gulf of Mexico peer Talos Energy, four people familiar with the matter said on Tuesday.The move would offer Harbour an opportunity to list in New York…

Pemex, Talos File Development Plan for Major Oil Project Offshore Mexico

Mar 24, 2023

Mexico's state-owned Pemex and a consortium led by U.S.-based Talos Energy submitted a development plan for a major offshore oil field to regulators on Thursday, in the latest step in a years-long saga over the potentially lucrative discovery…

Wintershall Dea Makes Important Discovery Offshore Mexico

Apr 26, 2023

Operator Wintershall Dea and its partners Harbour Energy and Sapura OMV have made a significant oil discovery on the Kan exploration prospect in Block 30, located in the shallow waters of the Cuenca Salina in the Sureste Basin, offshore Mexico…

Wintershall Dea Buys Stake in Hokchi Block Offshore Mexico

Oct 25, 2022

German oil and gas company Wintershall Dea has agreed to acquire a 37% non-operated participating interest in the Hokchi Block, offshore Mexico, from Hokchi Energy, a subsidiary of  Pan American Energy.Wintershall Dea will have an option to…

Harbour Energy Ups Buybacks to $300M after Free Cash Flow Jump

Aug 25, 2022

Harbour Energy, the UK North Sea's biggest oil and gas producer, increased a share buyback program by 50% to $300 million on Thursday as it reported first-half free cash flow of $1.4 billion.Harbour, which is set to produce just over 200,000…

Mexico Close to Striking Deal Over Major Offshore Oil Find

Jun 06, 2022

The Mexican government is close to reaching a deal with U.S.-based Talos Energy over the future of a potentially lucrative shared crude discovery, the president said on Friday.The handling of Zama, a deposit holding some 900 million barrels and located offshore in the southern Gulf of Mexico…

Talos Disappointed as Pemex Gets to Run Development of Giant Zama Offshore Oil Discovery

Mar 28, 2022

Mexican authorities have decided that Mexico's national oil company Pemex will become the operator of the giant Zama offshore field development, despite the fact that the discovery was made by the U.S. oil company Talos Energy back in 2017.Talos…

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