Pemex readies drilling spree at Mexico shallow-water oilfield

State-controlled company to invest close to $1 billion to increase production from shallow-water development

New investments: Pemex headquarters in Mexico City, Mexico
New investments: Pemex headquarters in Mexico City, MexicoPhoto: REUTERS/SCANPIX
Published 17 February 2021, 16:45Updated 17 February 2021, 16:45