Tag

farmouts

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Mexico Hydrocarbons Commission Calls Tender for Second PEMEX Farmout

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Mexico’s 2013 Energy Constitutional Reform opened exploration and production (E&P) of the oil and gas sectors to private investment and contracting. Previously, Petróleos Mexicanos (PEMEX) was the state company in charge of these activities and contracted private companies through multiple services contracts or equipment supply agreements.Read more > External link

Mexico Hydrocarbons Commission Issues Criteria for Approving Farmouts of E&P Contracts

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According to Mexico’s Hydrocarbons Law, the National Hydrocarbons Commission, or Comisión Nacional de Hidrocarburos (CNH), has the authority to previously approve alliances or associations that assign corporate control or management of the contractor, or assign the control of operations in the area, total or partial.Read more > External link

About Author

Alberto Esenaro

I am a Mexican lawyer with experience in technology, energy, automotive, infrastructure and business. Worked for law firms, international companies and Government bodies on business advice, regulatory compliance and litigation.

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