Pemex Tag

BHP Billiton (ASX:BHP) has signed a contract with Mexican state-owned firm PEMEX Exploration & Production Mexico (Pemex), which will advance work on the Trion discovery in the Gulf of Mexico. The Anglo-American company submitted a successful bid to work on the resource in December 2016, acquiring...

A number of the world’s largest oil companies have won bids to develop Mexico’s offshore oil deposits in a tender which could generate US$40 billion in investment. Oil giants such as Exxon Mobil, Chevron and China National Offshore Oil Corp all battled it out as eight...