Woodside And PEMEX Sign MOU To Expand Strategic Partnership In Mexico
Woodside Energy and PEMEX signed a non-binding MOU to explore deepwater hydrocarbon opportunities in the Gulf of Mexico. The agreement aims to share technical knowledge and best practices. Woodside CEO Liz Westcott highlighted the strengthened relationship and potential future collaborations. The companies are jointly developing the Trion Oil Project, with Woodside holding a 60% stake and PEMEX 40%. Trion, located in ultra-deepwater, is expected to be operational by 2028 with a total capital inv

