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 will be awarded pursuant to the economic criteria contained in the bidders’ proposals.
Please join Mayer Brown lawyers Gabriel Salinas and Jose Valera for our next teleconference as they discuss the historic bid round process and important business considerations for operating in Mexico. Topics include:
- Round One bidding terms
- Mexico’s production sharing contract model
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