Woodside Energy and PEMEX have signed a non-binding MOU to assess future hydrocarbon exploration and extraction opportunities in the deep waters of the Gulf of Mexico.
Cotemar has filed a New York action seeking recognition of a Mexican judgment against ABSG Consulting, with its claim reaching $59.4 million including interest.
Borr Drilling has added eight jack-up contract commitments representing more than 2,100 days of firm work and approximately $267 million in Dayrate Equivalent Backlog.
BC Ventures has acquired five jack-up rigs in Mexico for $287 million, increasing Borr Drilling’s owned and jointly owned fleet to 34 rigs.
Paratus Energy Services has received Mexican competition clearance for the sale of Fontis Finance’s drilling operations and five jack-up rigs to CME and BC Ventures.
Paratus Energy Services has secured Mexican competition clearance for the sale of Fontis Finance’s operations and five jack-up rigs. Closing is expected in Q3 2026.
SBM Offshore has signed a US$465 million project financing agreement for FSO Chalchi, which will operate at the Trion field offshore Mexico under 20-year contracts with Woodside.
Borr Drilling reported higher Q3 2025 revenue and new contracts in Mexico, the Gulf of America, and Angola, with strong rig utilization across its fleet.
