WorldOil Schlumberger begins wide-azimuth survey, including Zama-1, in Campeche, Mexico Schlumberger will start a new 5,080-km2 wide-azimuth (WAZ) multiclient survey in the Salina del Istmo Basin in the Gulf of Mexico Bay of Campeche, providing the first 3D coverage over this shallow-water target area that includes the recent Zama-1 discovery. Swire and Whittaker partner up to enter Mexico market Whittaker Mexicana will offer a full range of Swire Oilfield Services DNV 2.7-1 certified units included Offshore Containers, baskets, waste skips and tanks to support the increased international operators drilling campaigns across Mexico. Talos lands extension and approval for additional exploration offshore Mexico Talos Energy has received a two-year contract term extension as well as regulatory approvals for additional exploration activities on Block 7, located in the offshore portion of Mexico's prolific Sureste basin. Talos is the operator of Block 7 in a consortium with its partners Sierra Oil and Gas and Premier Oil. Mexico’s budget assumes an oil output surge not seen since 1982 Mexico’s balanced budget for next year depends in part on its oil company boosting production by about 17%, something that the country hasn’t achieved in almost four decades. MODEC awards Trelleborg fast-track contract for ENI Mexico Area 1 FPSO Trelleborg’s offshore operation has been awarded a fast track contract to produce over 80 laminated elastomeric bearings for MODEC, a leading specialist for offshore floating solutions. Mexico opens door to going naked on oil hedge Mexico usually buys put options from a small group of investment banks, starting as early as May, in what’s considered one of Wall Street’s largest -- and most secretive -- annual oil deals. Pemex commits $10 billion to onshore and offshore field development Pemex received approval from Mexico’s National Hydrocarbon Commission (CNH) for a $10-billion, 25-year investment commitment to develop onshore and offshore exploration opportunities. Borr Drilling lands three jackup contract with PEMEX Borr Drilling has secured an integrated services contract to provide three jackup rigs to PEMEX under its “Cluster 2” agreement. AMLO says Pemex won’t get emergency funds as there’s no crisis Pemex won’t get a cash infusion from the country’s rainy-day fund, even as crude output declines and refineries idle. Mexico’s president seeks to replicate India’s successes as Pemex slumps AMLO seeks to invest $8-billion in a new refinery, modeled after Reliance's Jamnagar compound, while current refineries run below capacity and Mexico imports foreign fuel to meet demand.