BHP Billiton and PEMEX to exchange deepwater expertise

Offshore staff

MELBOURNE, Australia – BHP Billiton and PEMEX have signed a memorandum of understanding (MOU) to exchange technical knowledge, information, experiences, and practices related to the oil and gas industry.

On signing the MOU, BHP Billiton Petroleum and Potash president, Tim Cutt, says, “We see considerable opportunity in Mexico following the recent economicreforms, and we are excited about the deepwater and the extension of the Paleogene play into the Perdido play.”

BHP Billiton’s drilling rig,Deepwater Invictus, arrived in the Gulf of Mexico in May. Past projects for the company have included building the Shenzi and Neptune platforms in the Gulf of Mexico.

09/26/2014