Skip to main content

  • AddRemove
  • Build a Report 
Legal Update

Mexico’s E&P Round One Kicks Off: Bidding Terms for Shallow Water Areas Released

16 December 2014
Mayer Brown Legal Update

The Mexican National Hydrocarbons Commission published the bidding and contract terms for the first 14 oil and gas areas in shallow waters, kicking off the first phase of Mexico’s Round One, which will continue throughout 2015. Production-sharing contracts with 3 to 5-year exploration terms will be awarded for the first 14 oil and gas areas in shallow waters pursuant to economic criteria contained in the bidders’ proposals. Non-Mexican companies may validly participate in all phases of the bidding rounds.

We summarize the main features of the bidding terms for the first 14 oil and gas areas in shallow waters.

The Build a Report feature requires the use of cookies to function properly. Cookies are small text files that are placed on your computer by websites that you visit. They are widely used in order to make websites work, or work more efficiently. If you do not accept cookies, this function will not work. For more information please see our Privacy Policy

You have no pages selected. Please select pages to email then resubmit.