The Mexican upstream regulator has called off what would have been thesecond deepwater farmout by Petroleos Mexicanos (Pemex) because of a lack of interest, while also authorizing the state-owned producer to carry out additional exploration work on the project.
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Mexico Sets Bidder Royalty Caps for January’s Round 2.4 Deepwater Auctions
The Mexican government has set the final fiscal terms for next year’s auctions of deepwater oil and natural gas assets in the Gulf of Mexico (GOM).
December 4, 2017
National Hydrocarbons Commission Launches Mexico’s Second Deepwater Oil, NatGas Farmout in Perdido Fold Belt
Mexico’s National Hydrocarbons Commission (CNH) has announced the start of the second deepwater farmout auction since energy reforms allowed the country’s national oil company to form partnerships with private and foreign players.
September 19, 2017