Mexico - 06

Mexico: Round One Term Modifications Demonstrate Effort to Allay Investor Concerns

On 6 March the Finance Ministry announced modifications to the bidding and contract terms for the shallow water portion of Round One, after facing pressure in the low oil price environment to provide a more competitive offering. While the revised terms have not yet been published, the ministry’s press release and revised bidding guidelines indicate several changes to address concerns voiced by the private sector.

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