Welligence Mexico M&A | LUKOIL makes first divestment as Grupo Carso expands upstream portfolio
January 22, 2026

On 19 January, Grupo Carso announced the acquisition of Fieldwood Mexico, a subsidiary of LUKOIL, for US$600 million, comprising US$270 million cash and the assumption of US$330 million of Fieldwood debt to its parent company. The sole asset held by Fieldwood is a 50%-operating stake in Ichalkil-Polok.