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Namibia Minister, NAMCOR and Petroleum Commission Commit to African Energy Week in Cape Town, Promote Oil and Gas Agenda and Opportunities for Investment

Namibia Minister, NAMCOR and Petroleum Commission Commit to African Energy Week in Cape Town, Promote Oil and Gas Agenda and Opportunities for Investment
einnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from einnews.com Daily Mail and Mail on Sunday newspapers.

Namibia Minister, NAMCOR and Petroleum Commission Commit to African Energy Week in Cape Town, Promote Oil and Gas Agenda and Opportunities for Investment

Namibia Minister, NAMCOR and Petroleum Commission Commit to African Energy Week in Cape Town, Promote Oil and Gas Agenda and Opportunities for Investment
africanews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from africanews.com Daily Mail and Mail on Sunday newspapers.

Talos Questions Latest Assessment of Zama Oil Discovery Offshore Mexico

Talos Questions Latest Assessment of Zama Oil Discovery Offshore Mexico Talos Energy Inc. management on Friday indicated disagreement with the finding that Mexican state oil company Petróleos Mexicanos (Pemex) holds a majority gross interest in the Zama oil discovery offshore Mexico. Zama was discovered by a Talos-led consortium at shallow-water Block 7 in 2017, but the reservoir extends into a neighboring Pemex tract. A third-party reservoir engineering firm engaged by the Block 7 consortium and Pemex to evaluate the initial tract participation (ITP) of Zama recently concluded that the consortium holds 49.6% of the gross interest in Zama and Pemex holds 50.4%. This contradicts an earlier finding by Netherland, Sewell & Associates Inc. that Talos and its partners hold a 59.6% gross interest in Zama, with Pemex holding the remaining 40.4%.

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