Mexican Pemex estimates platform fire shut in 700,000 barrels of oil

Mexican state-owned oil company Pemex has estimated that a fire on a major offshore platform off the southern edge of the Gulf of Mexico has led to the loss of 700,000 barrels of crude oil production so far. Two people were killed in the accident, with eight injured and one person still missing.

The fire started early on Friday July 7th on the Nohoch-A link platform of the company’s Cantarell Field and later moved to a compression complex. The fire has since been controlled, the company said.

As of Saturday afternoon, production had resumed, the CEO said, although at a slightly reduced rate of output.

The company said that searchers were still looking for the person who disappeared after the fire in Cantarell, which produces about 170,000 bpd.