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Slim acquires Grupo Bal oil firm for 530 million {dollars}

Mexico Metropolis. Grupo Carso, owned by Carlos Slim Helú, introduced the acquisition of the whole share capital of the oil firm PetroBal Operaciones Upstream, an operation valued at 530 million {dollars}.

In line with an announcement despatched to the Mexican Inventory Alternate (BMV), the consortium owned by the nation’s wealthiest man by way of its subsidiary Zamajal met the stipulated situations and obtained the corresponding regulatory authorizations for the acquisition of the agency, which belonged to Grupo Bal of the Baillères household.

PetroBal holds a 50 % curiosity within the Ichalkil & Pokoch fields, positioned off the coast of Campeche, which is linked to contractual space 4 underneath contract CNH-R01-LO2-A4/2015.

Along with Fieldwood Vitality E&P México and Delta 1, as a monetary companion, they kind a consortium for the exploration and extraction of hydrocarbons underneath the shared manufacturing modality in contractual space 4.

In line with information from the Nationwide Hydrocarbons Fee (CNH), manufacturing associated to contract CNH-R01-LO2-A4/2015 was 10,347 barrels per day, though the common for the final 12 months has been 11,000 barrels per day.

It’s price noting that Zamajal acquired the Talos Vitality subsidiary in Mexico in September 2023, a agency that holds a 17.7 % stake within the Zama mega-deposit, positioned on the coast of Tabasco, whereas the remaining is operated by Petróleos Mexicanos (Pemex).

Grupo Carso has a 49.9 % stake in Talos Mexico, whereas 50.1 % will stay within the fingers of the U.S. oil firm.

It’s price noting that Grupo Carso has its Carso Vitality division, which has oil operations within the Jap Plains of Colombia and exploration operations in fields in Veracruz, Mexico, in addition to exploration and exploitation of subsoil geothermal sources within the areas of Celaya and Mexicali.

In current days, President Andrés Manuel López Obrador mentioned that Slim Helú is searching for to take part with Pemex in a three way partnership in a pure gasoline mission in Lakach, positioned within the Gulf of Mexico.

This is able to happen after the state-owned firm terminated the settlement it had with the US agency New Fortress Vitality on the finish of 2023.


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– 2024-07-01 22:05:21

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