World: World News, International News, Foreign Reporting - The Washington Post
Deep-water drilling is a test for Mexican oil company Pemex
ABOARD THE CENTENARIO OIL PLATFORM, Gulf of Mexico — More than 3,000 feet below these waves, with a drill bit wider than a human thigh, Mexico is digging for its future.
The gulf is one of the world’s great largely unexplored reservoirs of oil and gas, industry experts say, but the state-run oil monopoly Pemex so far has lacked the money and technical capacity to extract from its deeper waters.
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