Mexico has launched the process for its second multi-phase bid round, set to offer production-sharing contracts on 15 exploration and extraction blocks in the shallow waters of the Gulf of Mexico.
Round 2.1 will cover 10 purely exploration blocks and five with opportunities for both extraction of known resources and new exploration off Veracruz, Tabasco and Campeche, with terms approved this week by Mexico’s National Hydrocarbons Commission (CNH).
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