{"id":195214,"date":"2008-07-22T18:04:00","date_gmt":"2008-07-22T23:04:00","guid":{"rendered":"https:\/\/www.panix.com\/~msaroff\/40years\/2008\/07\/22\/mexican-state-oil-company-threatens-to-drill-outside-of-mexico\/"},"modified":"2008-07-22T18:04:00","modified_gmt":"2008-07-22T23:04:00","slug":"mexican-state-oil-company-threatens-to-drill-outside-of-mexico","status":"publish","type":"post","link":"https:\/\/www.panix.com\/~msaroff\/40years\/2008\/07\/22\/mexican-state-oil-company-threatens-to-drill-outside-of-mexico\/","title":{"rendered":"Mexican State Oil Company Threatens to Drill Outside of Mexico"},"content":{"rendered":"<p><a href=\"http:\/\/www.bloomberg.com\/apps\/news?pid=20601109&amp;sid=aF6E7zJEbbto&amp;refer=home\">Bloomberg.com: Exclusive<\/a>: &#8220;Pemex May Drill Outside Mexico for First Time If Reforms Fail&#8221;<br \/><span style=\"color: rgb(0, 0, 153);\"><\/p>\n<blockquote><p> Pemex needs foreign help because it doesn&#8217;t have the technology to drill in water deeper than 500 meters (1,640 feet), he said.<\/p><\/blockquote>\n<p><\/span>Pemex may need foreign help, but it does not need a partner.<\/p>\n<p>It can <span style=\"font-weight: bold;\">buy<\/span> that expertise without a foreign partner.  Oil field services companies like Slumberger (disclosure) can do this on a fee for service basis.<\/p>\n<p>And it turns out that their &#8220;threat&#8221; is to do a partnership with Petroleo Brasileiro, which has more deep water experience.<\/p>\n<p>They are trying to get through with a bill that will allow &#8220;partnerships&#8221; that are ownership in everything but name, because someone gets the fat &#8220;commissions&#8221; for brokering the deals.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bloomberg.com: Exclusive: &#8220;Pemex May Drill Outside Mexico for First Time If Reforms Fail&#8221; Pemex needs foreign help because it doesn&#8217;t have the technology to drill in water deeper than 500 meters (1,640 feet), he said. Pemex may need foreign help, but it does not need a partner. It can buy that expertise without a foreign &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1135,1020,1205],"tags":[],"class_list":["post-195214","post","type-post","status-publish","format-standard","hentry","category-energy","category-legislation","category-mexico"],"_links":{"self":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/195214"}],"collection":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/comments?post=195214"}],"version-history":[{"count":0,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/195214\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/media?parent=195214"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/categories?post=195214"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/tags?post=195214"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}