Exploration News for Gulf of Mexico


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Rystad Energy: 100 Offshore Projects to be Sanctioned in 2018
Thursday, May 03, 2018 Oil market 'tailwind' likely to spark 100 offshore project sanctions in 2018.

Shell Sweeps Nine Of 19 Blocks Awarded In Mexico Oil Auction
Wednesday, January 31, 2018 Shell snapped up nine of 19 blocks in Mexico's prized Gulf of Mexico deep waters, emerging the clear winner in the country's biggest auction.

'Major' Deep Offshore Oil Discovery Made in US Gulf of Mexico
Wednesday, January 31, 2018 A 'major' oil discovery has been made at the Ballymore prospect, located deep offshore in the US Gulf of Mexico.

Mexico's Energy Opening Faces Test In Deepwater Oil Auction
Friday, January 19, 2018 An auction of deepwater oil and gas fields in Mexico this month may prove the last major opportunity for President Enrique Pena Nieto's government to capitalize on its opening of the energy sector.

Exploration to Increase in 2018 but Investment Constraints Remain
Wednesday, January 17, 2018 Exploration activity will increase in 2018, but market uncertainty and the need to manage debt levels will remain key constraints to investment.

Global Exploration Sector May Soon Return to Profit
Thursday, January 04, 2018 There are early signs that the global exploration sector may soon return to profit.

BHP Gearing Up to Start Drilling for Oil in Mexico's Deep Waters
Monday, October 02, 2017 BHP Billiton is getting closer to drilling its first oil wells in Mexico's deep waters.

Oil Producers Signal Offshore Return In Latest Gulf Of Mexico Auction
Wednesday, August 16, 2017 Major oil producers pushed up high bids at a Gulf of Mexico offshore auction to $121 million, a nearly seven-fold increase from a year ago.

Malaysia's Petronas Says Awarded Shallow-Water Oil And Gas Block In Mexico
Wednesday, August 02, 2017 Petronas says it has been awarded a shallow-water oil and gas exploration block that it will jointly operate with Ecopetrol in the Mexican portion of the Gulf of Mexico.

Mexico Oil Privatization Pays Off With Billion-Barrel Find
Wednesday, July 12, 2017 It's the first new find by a private company in the country in almost 80 years, according to consultant Wood Mackenzie.