Oilfield services group Petrofac has been declared, together with its partner Schlumberger, as the selected bidder on the Pnuco integrated production service contract in Mexico.
The area contains four mature onshore fields operated by Petrleos Mexicanos (PEMEX) and was discovered in early 1900s with original oil in place of around 6.8bn barrels. The fields have some 1,600 wells of which around 200 are currently producing a total of 1,500 barrels of oil per day.
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Nationwide: House prices see biggest monthly fall in over two yearsUK house prices dropped by 0.8% in June, according to Nationwide. We reveal the top-performing and worst-performing regions
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Portfolio landlords could save £8,500 by remortgaging – or risk costs soaring by £23,000Buy-to-let landlords with multiple properties could save thousands by taking advantage of this year’s lower mortgage rates, but failing to refinance could see them hit with a £23,000 bill.
