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Carlos Slim Doubles Down on Pemex With $2B Drilling Deal
Yahoo Finance·2025-09-30 14:05

Billionaire Carlos Slim’s Grupo Carso SAB has signed a $1.99 billion contract with state oil company Pemex to drill 32 wells at the Ixachi natural gas field in Veracruz over the next three years. The Ixachi field, one of Mexico’s most important onshore deposits, currently produces about 93,000 barrels of oil and 715 million cubic feet of gas daily, or roughly 236,000 barrels of oil equivalent. Carso, through subsidiaries GSM Bronco SA and MX Dlta NRG 1 SA, will carry out the drilling, with Pemex beginning ...