OneSubsea announced Monday that it won a $270 million contract to develop a subsea production system for Pemex that will serve the first deepwater subsea field developed by Pemex, Mexico’s national oil company.
Sanctions already halted some joint work between Exxon Mobil Corp. and Rosneft, threatening a project in the Kara Sea where the state-run company said last week it may have identified a billion-barrel crude discovery.
he federal agency in charge of regulating offshore drilling doesn’t have standardized procedures for reviewing permits and has not finished establishing an electronic program designed to streamline the process, according to government audit.
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