NEWS
Woodside and PEMEX deepen Mexico technology partnership with deepwater MOU
Woodside Energy and Petróleos Mexicanos( PEMEX) have signed a non-binding memorandum of understanding designed to deepen technical collaboration and identify future opportunities in Mexico’ s deepwater oil and gas sector.
The agreement creates a framework for the companies to analyse potential exploration and hydrocarbon extraction opportunities in the deep waters of the Gulf of Mexico. It also supports the exchange of technical knowledge, operational experience and industry best practices.
Signed in Mexico City by Woodside CEO Liz Westcott and PEMEX CEO Juan Carlos Carpio Fragoso, the MoU extends a relationship already centred on the Trion Oil Project.
Westcott said the MOU strengthened cooperation between the companies and opened opportunities to explore further deepwater developments in Mexico.
The partnership has a significant technology dimension. Deepwater developments depend on advanced subsea systems, high-specification drilling equipment, digital monitoring and complex engineering capabilities to operate safely at extreme ocean depths.
Woodside and PEMEX are jointly developing Trion, around 180 kilometres off Mexico’ s coastline and 30 kilometres south of the US-Mexico maritime border. The field lies in approximately 2,500 metres of water and is expected to become Mexico’ s first ultradeepwater development.
Trion was 64 % complete in June 2026, with first oil targeted for 2028. The project represents forecast capital investment of US $ 7.2 billion and is expected to contribute more than US $ 10 billion in taxes and royalties to Mexico during its operating life.
Brazil 6 GHz spectrum auction targets data centre and connectivity investment
Brazil’ s telecommunications regulator has advanced plans for a 6 GHz spectrum auction, linking new mobile capacity to investment in regional data centres, transport networks and expanded connectivity.
The Board of Directors of the National Telecommunications Agency( Anatel) approved sending the draft auction notice covering frequencies from 6.425 GHz to 7.125 GHz to public consultation. The proposal would make 700 MHz of spectrum available, divided into three 200 MHz blocks and one 100 MHz block. Licences would be offered through national and regional lots, with the auction planned by 2028. Successful bidders would face infrastructure commitments designed to address gaps in Brazil’ s connectivity, including requirements to deploy transport networks and expand mobile coverage across underserved municipalities and localities.
A key element is the Regional Digital Infrastructure Commitment, which would support data centre deployment across Brazil’ s North, Northeast and Central-West regions. The proposal identifies two infrastructure categories. Neutral Regional Cores would serve as regional hubs for traffic aggregation and exchange, while smaller Edge Nodes would bring edge data centre capacity to strategically located interior municipalities.
Neutral Regional Cores would also provide interconnection points and access arrangements for smaller service providers and public-sector organisations operating across health, education and security.
Anatel said data processing and interconnection infrastructure remained unevenly distributed across Brazil. By connecting spectrum licensing with regional infrastructure investment, the auction could expand local processing capacity, improve connectivity beyond Brazil’ s largest technology centres and create infrastructure supporting growing demand for cloud, AI and edge computing services nationwide. •
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