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PEMEX seeks growth in deep water

Mon 02 Dec 13 | 10:00 AM ET
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PEMEX seeks growth in deep water

Mon 02 Dec 13 | 10:00 AM ET
Production at PEMEX, the Mexican oil company, has declined steadily over the last few years. The company says it must move into deep-water drilling to grow, but that will likely require foreign investment. CNBC's Michelle Caruso-Cabrera reports.
 
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