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Pemex commits $680 mil to explore deepwater Perdido in Gulf of Mexico in 2025

February 28, 2024 Comments Off

Pemex has committed to a $680 million exploration program in the deepwater Gulf of Mexico in the area known as Perdido, which had been neglected following a presidential mandate to focus on shallow-water and onshore deposits. The exploration, planned for late 2025 and 2026 when Mexico will have a new president, comes as private companies operating in the same region…