Watch Live: Mexico’s deepwater bid round

Mexico is on Wednesday hosting the opening of bids for awarding its deepwater oil and gas exploration acreage as part of the of the Fourth Tender of Round 2. You can watch the event on Offshore Energy Today, starting 16:00hrs CET.

The event, scheduled for Wednesday, January 31, 2018, involves the tender of 29 offshore contractual areas, tendered as license contracts. The areas are located within the oil provinces of Perdido, Mexican Cordilleras, and the Salina Basin.

The national oil and gas regulator Comisión Nacional de Hidrocarburos (CNH) on last Thursday released a list of the companies that have qualified for bidding in the round.

Nine companies will bid individually. Also, seventeen consortia will take part in the round. In Total, 26 bidders from 16 countries will take part.

Individual bidders will be BHP Billiton, CNOOC, ExxonMobil, Noble Energy, Pemex, Petronas, Shell, Statoil, and Total. Also, nineteen companies will take part grouped as 17 consortia.

Note: Viewers can select to watch the stream in Spanish or in English, by changing the language of the video.

Offshore Energy Today will report on the results of the bidding round on Thursday morning Central European Time.

Offshore Energy Today Staff