Mexico - 06

Mexico: In 2016, CNH Looks to Build on the Success of Round 1.3

On 17 December CNH finally announced the initial contract terms and bidding conditions for the fourth auction of Round One, known as Round 1.4, which consists of ten deepwater and ultra-deepwater blocks in the Gulf of Mexico. Given the amount of investment the round will attract – roughly $40bn – and its involving only industry supermajors, it is considered the “crown jewel” of the energy reforms.


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