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Mexico and U.S. argue over exploitation of oil field

Christian Fernsby |
The U.S. company Talos Energy and Petroleos Mexicanos (Pemex) share the big oil field of Zama, and they have until September to decide which of the two firms will operate the marine field, an experts said on Tuesday.

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Topics: MEXICO    U.S.    OF   

Joaquin Leal Jimenez pointed out that the two companies have connectivity in the Gulf of Mexico and in that regard, the field is shared between bloc Seven and AE-0152-Uchukil.

The two oil companies have claimed most of the resources, because, on the one hand, Talos said that it owns 60% of the total oil and gas, while Pemex General Director Octavio Romero noted that the company has the majority of the field.

Therefore, the National Hydrocarbons Commission (CNH) says that so far, there is lack of evidence to support the two statements, so Leal Jimenez warns that if they agree, the Secretariat of Energy has the faculty to define the operator of the field.

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