Pemex Renames E&P Contracts Office to Adjust Investment Strategy
September 5, 2005
Mexico's Petroleos Mexicanos (Pemex) has changed the name of its Multiple Service Contracts (MSC) office to "New E&P Contracts" office to respond to exploration and production challenges and to increase its business opportunities. MSCs, which were enacted by the government three years ago, allow for private investment in state-owned exploration and production (see NGI, Jan. 7, 2002).
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