The National Hydrocarbons Commission issued the call and the rules for the first bidding of Round 2

August 2nd , 2016.

Dear clients and friends,

On July 20th, 2016 the National Hydrocarbons Commission published in the Federal Official Gazette the call and rules by which the first bidding procedure for Round 2 begins. This bidding process is intended to award production-sharing contracts for the exploration and production of hydrocarbonsin shallow waters located within the oil provinces of Tampico-Misantla, Veracruz and Southeastern Basins in the Gulf of Mexico. The bidding comprises 15 contractual areas or blocks, including some blocks which were not awarded in the first and second bidding procedures of Round 1, where production-sharing contracts were previously awarded

To read the full document please click here.

For more information, please contact our experts:

Edmond Grieger, Partner:

+ 52 (55) 5258-1048, 

Ariel Garfio, Associate:

+ 52 (55) 5258-1048, 

Kindest regards