Trion

Mexico Regulators Approve $7.2B Trion Ultra-Deepwater Project in GOM

Mexico Regulators Approve $7.2B Trion Ultra-Deepwater Project in GOM

Mexico’s upstream regulator Comisión Nacional de Hidrocarburos (CNH) has approved the development plan for the Trion ultra-deepwater oil and gas project planned by Australia’s Woodside Energy Group Ltd. and Mexican state oil company Petróleos Mexicanos (Pemex) in the Gulf of Mexico (GOM). The plan calls for capital expenditures of $7.2 billion, with first oil targeted…

August 30, 2023
Woodside Advancing Mexico’s Trion Deepwater Oil, Natural Gas Project

Woodside Advancing Mexico’s Trion Deepwater Oil, Natural Gas Project

Australia’s largest oil and natural gas producer Woodside Energy Group Ltd. continues to make progress on the massive Trion development offshore Tamaulipas in northeastern Mexico. The company reached a final investment decision (FID) on the project in June.  “Following FID, Woodside executed a contract with South Korea’s Hyundai Heavy Industries for the construction of the…

August 22, 2023