Pemex hits brakes on deep-water exploration

State-run Mexican player focusing on shallow-water and onshore as last of three Grupo R semisubs is stacked

Strategy: Ulises Hernandez, Pemex's director of resources, reserves and partnerships
Strategy: Ulises Hernandez, Pemex's director of resources, reserves and partnershipsPhoto: REUTERS/SCANPIX
Published 8 May 2019, 17:31Updated 9 May 2019, 08:57
PemexMexicoAmericasNorth America