Items Tagged with 'perdido'

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BHP Captures Deepwater Prize in Mexico's Auction With $624M Bid

Australia's BHP Billiton on Monday was named the first deepwater partner ever for Mexico's state-owned Petroleos Mexicanos, winning the right to jointly explore two blocks in the prolific Perdido Fold Belt. Mexico also awarded the rights to explore other Perdido and Salina del Istmo Basin blocks, which all together may hold total reserves of 10.6 billion boe. Read More