The Zama field partners aim to submit a field development plan by March 2023
Mexico’s Zama set to win FID battle
The ‘world-class’ field could get a green light next year, following repeated delays and a resolved operatorship dispute
US independent Talos Energy and partners—including Mexico’s state-owned Pemex—plan to submit a field development plan (FDP) for the Zama field to Mexican regulator the National Hydrocarbons Commission (CNH) “by March 2023” at the latest, Talos says. Once the FDP is approved, “the parties will then move toward FID later in 2023”, Talos adds. That March 2023 deadline for the FDP submission was set under the unitisation resolution agreed between Talos and Pemex in March this year, which named the NOC as Zama’s operator. Under the agreement, Talos retains a 17.35pc working interest in the field, which is expected to produce around 160,000bl/d once fully operational. The FDP “originally envisione
Also in this section
12 March 2025
Petronas-Eni eyes joint venture to prioritise key gas developments, with huge opportunities for growth in Indonesia and a steady Malaysia portfolio
12 March 2025
Bearish market sentiment and bullish long-term outlook for oil and gas consumption prevails at CERAWeek
11 March 2025
Direct air capture is still in its infancy, but organisations are seeking to leverage global collaborations and AI to discover new materials, with an aim of scaling up the technology and cutting costs
11 March 2025
Iran, Iraq, Venezuela, Nigeria and Kazakhstan all add significant volumes as core OPEC-9 feels the strain of compliance
