Oil & Gas Sector In Mexico: The Mexican Government Announces Round Two - Government - Mondaq Mexico - Mondaq Business Briefing - Books and Journals - VLEX 645746949

Oil & Gas Sector In Mexico: The Mexican Government Announces Round Two

Author:Mr Alexandro M. Padrés
Profession:Shearman & Sterling LLP
 
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On July 20, 2016, the Mexican government, through the Comisión Nacional de Hidrocarburos (National Hydrocarbons Commission) ("CNH"), published in the Diario Oficial de la Federación (the Federal Official Gazette) the Bidding Guidelines in connection with a Tender Process for the Granting of Shallow Waters Oil and Gas Exploration and Extraction Production Sharing Agreements, addressed to domestic (including both private and productive state-owned enterprises) and foreign companies. The tender process is identified as CNH-R02-L01/2016 and additional information on this process is available at http://rondasmexico.gob.mx/r2-l01-bloques/.

This invitation to bid pertains to the bidding guidelines for Phase 1 of what is commonly known as "Round Two", pursuant to the five-year plan (2015-2019) prepared by the CNH regarding oil and gas exploration and extraction in Mexico and published by the Mexican Ministry of Energy in June 2015.

Phase 1 of Round Two comprises the auctioning of 15 shallow water areas in the Gulf of Mexico (namely, provinces known as Tampico-Misantla...

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