US EditionSlim Adds 2 Russian Fields in the Gulf of Mexico to His Expanding Oil Portfolio
Grupo Carso’s purchase completes its full ownership of Ichalkil and Pokoch fields, expanding Slim’s offshore oil portfolio to over $2.4 billion in investments, company said.
- On Monday, Grupo Carso SAB said it will acquire Fieldwood Mexico from Russia's Lukoil, securing the remaining 50% stake in the Ichalkil and Pokoch fields after a 2023 PetroBal deal.
- Petroleos Mexicanos is grappling with ballooning debt, a long slide in oil production and money-losing refineries, enabling Carlos Slim to become Mexico's private oil sector's largest partner.
- Acquiring PetroBal and Talos, Carlos Slim gained seasoned personnel and controls about 80% of Talos Energy Inc.'s Mexican unit tied to the Zama field, partnering with Petroleos Mexicanos on the Lakach deep-water gas project and a $2 billion Ixachi gas field drilling deal.
- At the end of last year, Petroleos Mexicanos ceded operatorship at the Zama megafield to Harbour Energy, and Grupo Carso SAB is pursuing further purchases of Campeche offshore shares.
- Including the latest Lukoil deal, Carlos Slim has spent more than $2.4 billion on offshore Mexican assets, highlighting private expansion where Petroleos Mexicanos cannot fund development.
23 Articles
23 Articles
Lukoil is looking to sell its international assets after being hit by US sanctions in November.
Grupo Carso, owned by tycoon Carlos Slim, announced the purchase of Fieldwood Mexico oil company, which has operations in fields in the southeastern part of the country.
Slim adds 2 Russian fields in the Gulf of Mexico to his expanding oil portfolio
Grupo Carso, owned by the family of Mexican billionaire Carlos Slim, has agreed to purchase the Russian oil company Lukoil’s Fieldwood Mexico subsidiary, thereby gaining full control of the Ichalkil and Pokoch oil fields off the coast of Campeche. According to the agreement announced on Monday, Carso will acquire 100% of Fieldwood Mexico for US $270 million, in addition to settling US $330 million of Fieldwood’s debt with its parent company, acc…
At the beginning of this year, the richest man in Mexico, Carlos Slim, has expanded his role in the energy sector of the country. His company Grupo Carso has informed this Monday that it will acquire for 270 million dollars from the oil company Fieldwood Mexico, a subsidiary of the Russian firm Lukoil, which last October was sanctioned by the U.S. Treasury Department. The transaction will be carried out through its subsidiary company, Zamajal. T…
Mexican Billionaire Carlos Slim Snaps Up More Assets in Oil Push
(Bloomberg) — Carlos Slim’s foray into Mexico’s offshore oil market shows no signs of abating, with the Mexican media magnate’s now planning to spend $270 million on the remaining shares of oil fields off the coast of Campeche.
Grupo Carso purchased Lukoil from Fieldwood Mexico B.V. for an amount of 270 million dollars in the amount of 270 million dollars.
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