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Concessions

Chinese consortium abandons its field

After Canamex returned the field it won in Round 1, the consortium led by China’s Shandog announced that it is abandoning one of the fields it won in Round 2.

Tuesday, December 19th, 2017
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CNH signed E&P contracts

The National Hydrocarbons Commission (CNH) announced the signing of several contracts with private companies to carry out oil exploration and production projects in Mexico.

 

Tuesday, December 12th, 2017
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Controversy over the Zama -1 well continues

The NOC does not rule out the possibility of operating the mega block won by the Talos Energy, Sierra Oil & Gas and Premier Oil consortium in Round 1. The block is the most important discovery since the start of Energy Reform and would have 2Bbl.

 

Tuesday, December 12th, 2017
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Pemex cancels tender to find a partner for its Nobilis-Maximino block

The National Hydrocarbons Commission (CNH) canceled the round to find a partner for Pemex and develop this important area, which was scheduled for January 31st, 2018.

Monday, December 11th, 2017
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More farm-outs

Pemex expects to recover from its difficult situation and performance through alliances with private companies. The NOC aims to offer several farm-outs to achieve it and the Ministry of Finance plays a key role in this process. Carlos Treviño, New CEO of Pemex, talked on this topic.

Wednesday, December 6th, 2017
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Investment for unconventional resources is limping

The development of shale gas and shale oil projects in Mexico requires investments estimated at US$139M, but has only received 0.1% of that amount.

Wednesday, November 15th, 2017
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Renaissance to grow in Mexico

The oil corporation co-founded by Ian Telfer, Chairman of Canadian gold miner Goldcorp Inc, has big plans to develop in the country. Telfer talked about the company’s goals in Mexico in an interview with Reuters.

 

Friday, November 10th, 2017
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Tender for commercializing state oil fails

The National Hydrocarbons Commission (CNH) posted a tender to commercialize oil and gas that the Mexican State will receive from the contracts signed in previous Rounds. Results were negative in this new process.

Tuesday, November 7th, 2017
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State participation in contracts

State participation in contracts

To maximize its possibilities, Brazil eliminated the need for its NOC Petrobras (BVMF: PETR4) to act as an operator in offshore projects in the subsalt fields. These contain vast reserves of high-value crude which gives companies room to maneuver, Expansión reported.

Monday, November 6th, 2017
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Idesa to produce in Mexico

The new Mexican oil market continues to receive new players. Many companies are planning their strategies to start operations in the country and Idesa made an important announcement.

Monday, November 6th, 2017
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