Mexican regulators have signed off on changes on the joint operating agreement for a farm-out process on the deep-water block, which among other things reduced Pemex's proposed share in the block from 45% to 40%.
The modifications approved at a meeting of Mexico's National Hydrocarbons Commission were floated by Pemex after reviewing more than 150 comments in discussion with industry.
Namely, the new version includes a number of measures that loosen the control of non-operator Pemex over the JOA.
For
