Overview
- A ceremony at the Port of Altamira marked the formal start of activities, highlighted by a symbolic signing of a wellhead to be installed on the seabed.
- The development is a partnership with Pemex holding a 40% stake and Woodside Energy serving as operator.
- Total approved life‑of‑project spending stands at about $10.4 billion, with authorities estimating roughly $10 billion in taxes and royalties over a contract running to 2052.
- Trión is Mexico’s first ultradeepwater field, located about 180 kilometers offshore in roughly 2,550 meters of water.
- Project execution was reported near 50% complete by the end of 2025, with the FPU hull Tláloc, the FSO Chalchi, and subsea equipment advanced, as drilling and marine installations proceed through 2026 toward a planned peak near 100,000 barrels per day.