Can Mexico Regain Its Oil Reputation? ...Middle East

Operations in Mexico’s long awaited Zama field fail to take off as Pemex once again holds up development of the oil region by halting the drilling of an appraisal well. High hopes for Mexico’s oil industry are now uncertain due to slow progress and repeated scandal surrounding the country’s state-run petroleum company Petróleos Mexicanos, or Pemex. The drilling of the Asab-1 appraisal well would determine how much of the Zama field falls under Pemex ownership, and how much is owned by Talos, who discovered it in 2017. …

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