Mexico

Oil & gas and construction news for subcontractors working in Mexico — 3 stories and counting.

Talos Energy Takes 50% Stake in Repsol's Deepwater Mexico Block

Talos Energy will pay up to $50 million to acquire a 50% working interest in Repsol's Block 29 offshore Mexico, targeting FID in 2027 on a discovery holding over 200 MMboe.

23h ago

Industry

Mexico's Energia Costa Azul LNG Terminal Ships First Cargo

Energia Costa Azul shipped its first LNG cargo on July 8, tripling Mexico's export capacity, with a proposed second phase that could add 1.6 Bcf/d and significant subcontractor work.

Jul 24, 2026

Industry

Borr Drilling Pays $287 Million for Five Jackups in Mexico JV

Borr Drilling has agreed to acquire five premium jackups from Fontis Finance through a newly formed 50/50 joint venture with its Mexico well construction partner, expanding its fleet in the region.

Mar 24, 2026

Editorial image: Jackup fleet at dawn - Borr Drilling Pays $287 Million for Five Jackups in Mexico JV

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