Shell pushes ahead with deepwater drilling plan in Mexico
Company targets long-term projects while new government resists pressure to reopen oil and gas auctions
26 February 2020 - 14:55
Mexico City — Royal Dutch Shell is pushing ahead on its huge deepwater drilling plan in Mexico, even as it does not foresee production starting under the current government.
Shell plans to drill four wells in 2020, and a similar amount next year, said Alberto de La Fuente, Shell’s Mexico country chief, part of a drilling campaign that will include 10 to 13 wells and cost from $800m to $2.4bn...
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