Round One Bidding for the Hydrocarbons Sector

Round One Bidding for the Hydrocarbons Sector

The CNH issued the terms for the first tender of Round One. The CNH issued the terms for the first tender of Round One.

January 26, 2015.Dear clients and friends,The Energy Reform approved in December 2013 establishes that private parties may participate in the extraction and exploration of hydrocarbons under the procedure determined by the State. In this regard, the National Hydrocarbons Commission ("CNH") issued on December 11, 2014 the terms for the first tender of 14 contractual areas of Round One.Round One is the procedure through which the CNH will offer to the private sector 169 areas for the development of hydrocarbon extraction and exploration projects in deep waters, shallow waters, and for unconventional resources.To read the full document please click here.For further information, please contact our experts:Edmond Grieger, Partner: egrieger@vwys.com.mx Marco Tulio Venegas, Partner: mtvenegas@vwys.com.mx January 26, 2015.Dear clients and friends,The Energy Reform approved in December 2013 establishes that private parties may participate in the extraction and exploration of hydrocarbons under the procedure determined by the State. In this regard, the National Hydrocarbons Commission ("CNH") issued on December 11, 2014 the terms for the first tender of 14 contractual areas of Round One.Round One is the procedure through which the CNH will offer to the private sector 169 areas for the development of hydrocarbon extraction and exploration projects in deep waters, shallow waters, and for unconventional resources.To read the full document please click here.For further information, please contact our experts:Edmond Grieger, Partner: egrieger@vwys.com.mxMarco Tulio Venegas, Partner: mtvenegas@vwys.com.mx

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