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Monday, August 20, 2018

Mexico Sets Its First Deepwater Gulf Oil Auction

Maritime Activity Reports, Inc.

February 26, 2016

Contract awards for Mexico's first-ever deepwater oil auction covering 10 potentially lucrative blocks are expected to take place on December 5, oil regulator CNH said on Friday, a tender that will test investor interest given a worldwide price slump.
The 10 blocks are located in the country's territorial waters in the Gulf of Mexico.
A formal vote to approve the date is expected to pass by a unanimous vote of CNH commissioners.

(Reporting by David Alire Garcia)
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