OEF Rapid Review Articles
Mexico and Brazil want a slice from a shrinking pie as international drillers limit their investments during a time of depressed oil prices. Mexico will hold its first-ever deepwater auction December 5th, offering up 10 areas in the Perdido area, near its maritime border with the U.S.; in the southern gulf’s Cuenca Salina; and a separate bid for the joint-venture with Pemex in Trion field. Brazil’s tender, set for 2017, will include “unitized” blocks that extend from already discovered pre-salt areas previously awarded to concession holders.
LINK TO THE SOURCE ARTICLE:
Big Oil In Offshore Auctions In Mexico And Brazil
LINK TO THE SOURCE ARTICLE:
Big Oil In Offshore Auctions In Mexico And Brazil