Mexico - 05

Mexico: New Round One Changes and Oil Theft Law: Implications for IOCs

The Mexican government continues to take steps to make Round One contracts more attractive to the private sector. On 26 March CNH commissioner Hector Alberto Acosta Felix announced that the initial 14 shallow water blocks included in Round One will be delivered under more flexible conditions. As part of the announced changes, exploration permits were extended from five to six years.

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