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
10 March 2026
By shutting the Strait of Hormuz, Iran has cut exports of distillate-rich Middle Eastern crude, jet fuel and diesel, and is holding the energy market hostage
10 March 2026
Eni’s director for global gas and LNG portfolio, Cristian Signoretto, discusses how demand will respond to rising LNG supply, and how the company is expanding its own gas and LNG operations through disciplined, capital-efficient investments
9 March 2026
Petroleum Economist analysis sees increases in output from Saudi Arabia, Venezuela and Kazakhstan among others before region’s murky descent
9 March 2026
Energy sanctions are becoming an increasingly prominent tool of US foreign policy, with the country’s growth in oil and gas production allowing it to impose pressure on rivals without jeopardising its own energy security or that of its allies, argues Matthew McManus, a visiting fellow at the National Center for Energy Analytics
