The call for bids for the 4th Round was presented, which includes 30 contractual areas

  • Tender 2.4 could attract total investments of USD 31.5 billion
  • They comprise a total area of 70 thousand 844 km2
  • The bidding process for this tender is scheduled for January 31st, 2018

Source: SENER

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TELECOMM publishes the general guidelines regarding the Trunk Network Project

  • The publication of the general guidelines marks the beginning of the second stage to obtain additional feedback from stakeholders in this important project.
  • The comments received will be fundamental to conform, complement and specify the terms of the pre-bases for a possible international bid.
  • With this step, the Mexican Government continues complying the mandate of the Telecommunications reform.

Source: SCT

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Results of the Second and Third Call for Bids Round Two, for the Exploration and Extraction of Hydrocarbons

  • 21 contracts for the exploration and extraction of hydrocarbons in land areas were awarded to 10 companies grouped in 6 bidders.
  • The awarded contracts have an associated investment of approximately $ 2.064 US billion over the next 30 years.
  • The State will receive, on average, 75% of the profits generated in the contracts awarded. It will also receive a total of $ 88 million in cash value per tie-break.
  • The prospective resources associated with the contracts awarded are 435 million barrels of crude oil equivalent.
  • As a result of the above, there will be 6 new operators in the Mexican oil sector.

Source: SENER

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The CNH announces the final bidders list for the Second and Third Bidding of Round Two

Within the framework of the 30th Special Session 2017, the Governing Body of the National Hydrocarbons Commission (CNH) approved the modification to the structure of prequalified bidders of the Second and Third Biddings of Round Two.

In the case of the Second Bidding, Round Two, the final list includes nine bidders, four of which will participate individually and five in a consortium. In  total, 11 companies from five participating countries.

Source: CNH

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