Round 3.1 of Mexico’s oil tenders draws 30 companies to the table

7 March, 2018

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The first tender for Mexico’s Round 3 for oil exploration and extraction in shallow waters has drawn the interest of 30 companies, reported the National Hydrocarbons Commission (CNH).

According to the regulatory body, of the companies interested in prequalifying in the process, 20 of them are in as operator, while the remaining 10 would compete as non-operator.

The companies registered as operators are: BP, Capricorn Energy, Chevron, China Offshore, Deutsche Erdoel, ECP, ENI, ExxonMobile, Inpex, Murphy, ONGC, Ophir, Pan American Energy, PC Caligari, Pemex, Premier, Repsol, Sapura, Shell and Total.

While as non-operators are: Citla Energy, Spanish Oil Company, Controller of Petroleum Infrastructure Mexico, Galem, Lukoil, Mitsui, Petrobal, PTTEP, Service of Oil Extraction Lifting and Sierra Blanca.

Operators are those companies with capabilities for exploration, extraction, storage and distribution of hydrocarbons, while non-operators are those with only exploration and extraction capabilities.

Round 3.1 is made up of 35 areas under the modality of shared production contract, which are divided into three sectors: Burgos, Tampico-Misantla-Veracruz and Cuencas del Sureste.

From March 7 to 13, 2018, prequalified interested parties must submit the bidding forms and no later than March 22, the National Hydrocarbons Commission will announce the list of individual and grouped bidders that will present proposals. The opening of proposals will take place on March 27, 2018.

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