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Grupo Carso to Acquire Lukoil’s Fieldwood México, Securing 100% of Ichalkil–Pokoch

The deal will close only after required Mexican and U.S. clearances, including a specific OFAC authorization.

Overview

  • Grupo Carso, through its subsidiary Zamajal, signed a binding agreement to buy 100% of Fieldwood México from Lukoil for $270 million and to assume $330 million in debt.
  • Fieldwood México operates and holds a 50% stake in the Ichalkil and Pokoch shallow‑water blocks known as Área Contractual 4 off Campeche, covering about 58 square kilometers.
  • If completed, the transaction would give Carso full ownership and operational control, following its June 20, 2024 purchase of Petrobal Upstream Delta 1 for the other 50%.
  • Closing is subject to corporate and regulatory approvals in Mexico and the United States, including sign‑offs from the antitrust authority and Energy Ministry, and a specific OFAC clearance.
  • Carso noted that the purchase price and debt terms are subject to closing adjustments and did not provide a definitive timeline for completion.