Posts by: Arturo Hernández

Andrés Manuel López Obrador (AMLO) has made clear that his administration will stop hydraulic fracturing (fracking) activities., the president-elect announced on July 31. This technique, commonly used in the US, has just started gaining traction in Mexico for the production of tight oil and gas (shale oil and gas). “We will not use this […]

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On May 31 Mexico Business Events organized, together with Mexico Oil & Gas Review, an exclusive networking cocktail with the main players in the fuel retail industry to help create links and new business opportunities in the incipient market. The theme of the night, sponsored by BASF, revolved around fuel additives and […]

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On May 30, Carlos Treviño, CEO of PEMEX, led the agenda of PEMEX Farmout Day, an event held in Houston. During the event, seven blocks were presented for the upcoming farmout bidding process to take place on Oct. 31. The soon-to-be tendered blocks are: The Artesa, Bedel Gasífero, Bacal Nelash, Cinco Presidentes, Giraldas Sunapa, Juspi […]

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PEMEX wins seven contracts, while DEA Deutsche, CEPSA, Premier Oil and Total take three contracts each

 

 

The Process

 

 

Mexico’s NOC, PEMEX, walked away from Round 3.1 with seven contracts on Tuesday, leading a pack that included DEA Deutsche, CEPSA, Premier Oil and Total with three contracts each.

The official results […]

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On March 21, 2018 Juan Carlos Zepeda, President Commissioner of CNH, highlighted the importance of allowing PEMEX to place a minority stake of the company on the Mexican stock exchange (BMV) through an Initial Public Offering (IPO) with the objective of raising capital and to give the company the financial strength it needs to […]

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By Manuel Cervantes, Managing Director at MCM Abogados

For the first time since the enactment of the Energy Reform, CNH authorized today the creation of collateral regarding the contractors’ working interest under three different hydrocarbons exploration and production contracts (two in onshore contractual areas of Round 1.3, and one in a deepwater project of Round […]

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