Slim invests US $2B in Veracruz oil field to help nudge Pemex to self-sufficiency

Slim invests US $2B in Veracruz oil field to help nudge Pemex to self-sufficiency

Carlos Slim signed a US $1.991 billion contract to drill wells over the next three years for Mexico’s state-owned oil and gas firm Petróleos Mexicanos (Pemex).  Under the terms of the agreement signed on Sept. 29, Slim’s Grupo Carso will exploit up to 32 onshore wells in the Ixachi field in the Gulf Coast state of Veracruz. The Ixachi field is considered to be the most important find in more than a quarter of a century and is currently producing…