Mexico is making decisive moves to improve terms for future stages of its initial Round 1 bid offering after the first phase in July was considered a commercial flop.
The National Hydrocarbons Commission (CNH) voted this week to alter its terms for the second part of the round to address sticking points flagged up by the industry.
These include permitting international arbitration for contract terminations and allowing more flexibility for guarantee requirements and the formation of consortia.
The
