Pemex advances Cantarell EOR megaproject

Cantarell Natural Gas Compression Project Mexican state oil firm Petroleos Mexicanos has taken its massive enhanced oil recovery project for the Cantarell oil field complex in the Bay of Campeche a step further with the award of a big contract for gas compression services. Cantarell is Mexico's largest oil producing complex. It accounts for about 40% of the country's oil ouput. Cantarell is currently undergoing a major expansion that will include EOR and start of gas and NGL production. Latest contract Pemex has let a number of contracts for the Cantarell expansion in recent months. In this latest move, Pemex Exploración y Producción (PEP) let a $2...

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