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Harbour Energy on Wednesday said the partners of the Zama oil project, located in offshore Mexico, agreed to appoint the company as project operator. The oil and gas producer with operations across Europe, Latin America, North Africa and Southeast Asia said the move was agreed by the project partners, including Petroleos Mexicanos, Grupo Carso and Talos Energy, who will now appoint ‘key personnel’ into the Harbour team managing the asset. Petroleos Mexicanos, known as Pemex, is Mexico’s state-owned oil and gas company. Discovered in 2017 and appraised in 2018 and 2019, the Zama oil field is estimated to contain approximately 750 million barrels of oil equivalent in gross recoverable resources, Harbour said. Looking ahead to 2026, Harbour said it will complete engineering and design work before a final investment decision is made. ‘Harbour’s appointment as operator of the strategically important Zama project is testament to the trust that the Mexican government, including Pemex, places in Harbour and our partners, Grupo Carso and Talos Energy,’ said Gustavo Baquero, managing director of Harbour’s Mexico division. ‘Once onstream, Zama will contribute materially to Mexico’s domestic energy supply and to Harbour’s production levels.’ Shares in Harbour rose 0.2% to 198.60 pence on Wednesday morning in London. Copyright 2025 Alliance News Ltd. All Rights Reserved.
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