PETRONAS UNIT SECURES MEXICAN OIL BLOCK
KUALA LUMPUR: Petroliam Nasional Bhd’s subsidiary, PC Carigali Mexico Operations SA de CV, has been awarded shallow water Block 6 in the Gulf of Mexico’s Salina Basin.
Block 6 covers an area of about 559 sq km in water depths of between 30 and 80 metres and will be operated by PC Carigali Mexico in a 50:50 partnership with Ecopetrol, the national oil company of Colombia.
“I am pleased with our new partnership with Ecopetrol and I am confident this will bring together our capabilities and expertise for a successful collaboration in the Mexico waters,” said Petronas executive vicepresident and upstream chief executive officer Datuk Anuar Taib.
Last year, Petronas secured deep water Blocks 4 and 5 in a joint-venture partnership following Mexico’s first ever auction of its deep water exploration areas.
Petronas upstream, exploration vice-president of exploration, Emeliana Rice-Oxley said Mexico was largely underexplored and held substantial material opportunities.
“We are very pleased to add Block 6 to our growing exploration portfolio in Mexico, and be one of the early movers in this basin. This is aligned with our strategy to explore for material oil in largely underexplored prospective regions,” she added.