https://www.miningweekly.com

BHP signs petroleum expertise exchange in Mexico

BHP signs petroleum expertise exchange in Mexico

Photo by Bloomberg

26th September 2014

  

Font size: - +

PERTH (miningweekly.com) – Mining giant BHP Billiton has executed a memorandum of understanding with Petroleos Mexicanos (Pemex) to exchange oil and gas deep-water expertise.

BHP’s deep-water drilling rig arrived in the Gulf of Mexico in May this year, allowing the miner to rapidly deploy the technology.

“What we can offer is absolute focus as Mexico seeks partners to help develop its enormous petroleum resources. Right now, our global offshore organisation is capable of moving with considerable speed, safety, agility and flexibility,” said BHP petroleum and potash president Tim Cutt.

He told shareholders on Friday that there was considerable opportunity in Mexico, following the recent economic reforms.

“We are pleased to have the opportunity to work with Pemex due to its exceptional capability and experience. We are confident that we are one of the lowest-cost and best drillers in the deep-water Gulf of Mexico,” Cutt said.

He added that the company was looking forward to sharing its technical knowledge and experience with its Mexican partners.

Edited by Creamer Media Reporter

Comments

Showroom

SBS Tanks
SBS Tanks

SBS® Tanks is a leading provider of innovative water security solutions with offices in Southern Africa, East and West Africa, the USA and an...

VISIT SHOWROOM 
Aqs image
AQS Liquid Transfer

AxFlow AQS Liquid Transfer (Pty) Ltd is an Importer and Distributor of Pumps in Southern Africa

VISIT SHOWROOM 

Latest Multimedia

sponsored by

PGMs and green hydrogen make headlines
PGMs and green hydrogen make headlines
19th April 2024

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.135 0.181s - 90pq - 2rq
1:
1: United States
Subscribe Now
2: United States
2: