The call for bids for the 4th Round was presented, which includes 30 contractual areas

  • Tender 2.4 could attract total investments of USD 31.5 billion
  • They comprise a total area of 70 thousand 844 km2
  • The bidding process for this tender is scheduled for January 31st, 2018

Source: SENER

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TELECOMM publishes the general guidelines regarding the Trunk Network Project

  • The publication of the general guidelines marks the beginning of the second stage to obtain additional feedback from stakeholders in this important project.
  • The comments received will be fundamental to conform, complement and specify the terms of the pre-bases for a possible international bid.
  • With this step, the Mexican Government continues complying the mandate of the Telecommunications reform.

Source: SCT

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Results of the Second and Third Call for Bids Round Two, for the Exploration and Extraction of Hydrocarbons

  • 21 contracts for the exploration and extraction of hydrocarbons in land areas were awarded to 10 companies grouped in 6 bidders.
  • The awarded contracts have an associated investment of approximately $ 2.064 US billion over the next 30 years.
  • The State will receive, on average, 75% of the profits generated in the contracts awarded. It will also receive a total of $ 88 million in cash value per tie-break.
  • The prospective resources associated with the contracts awarded are 435 million barrels of crude oil equivalent.
  • As a result of the above, there will be 6 new operators in the Mexican oil sector.

Source: SENER

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The CNH announces the final bidders list for the Second and Third Bidding of Round Two

Within the framework of the 30th Special Session 2017, the Governing Body of the National Hydrocarbons Commission (CNH) approved the modification to the structure of prequalified bidders of the Second and Third Biddings of Round Two.

In the case of the Second Bidding, Round Two, the final list includes nine bidders, four of which will participate individually and five in a consortium. In  total, 11 companies from five participating countries.

Source: CNH

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Results of the First Call for Bids, Round Two

Ten contracts were awarded for the exploration and extraction of hydrocarbons in shallow waters of the Gulf of Mexico to 12 companies grouped in 10 bidders.

The assigned contracts have an associated investment of approximately 8.2 billion dollars over the next 30-40 years.

The State will receive, on average, between 77.4% and 83.9% of the profits generated in the contracts awarded, as well as a cash payment of US $ 30 million resulting from a tie in the contractual area 9.

Source: SHCP-SENER-CNH

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The National Infrastructure Program (NIP) will be 100 percent completed

The SCT will complete 100 percent  the National Infrastructure Program (NIP) with an investment of more than 1.44 trillion pesos, the most important figure in the history of the federal entity, which includes the allocation of resources throughout the country to ports, airports, trains, roads, highways and telecommunications.

Source: SCT

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Oil rounds consolidate Mexico as one of the most attractive investment destinations

The Ministry of Energy (SENER) along with the National Hydrocarbons Commission (CNH) are analyzing a substantial increase in the number of areas and blocks that will be offered in future oil biddings, which will increase national oil and gas production, as well  as reserves in the mid-term future. In addition to consolidating our country as one of the most attractive investment destinations in the world regarding hydrocarbons, said the Secretary of Energy, Mr. Pedro Joaquín Coldwell.

Source: SENER

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SENER and CENACE presented the Bidding conditions for the Third Electrical Auction

For the first time other buyers than CFE will participate through the implementation of a Clearing House.

The Third Electrical Auction could triple electricity generation with more environmentally friendly sources and take advantage of the vast potential and renewable resources that our country has.

It will also continue the low-cost trend and accelerate the transition to a more diversified energy matrix, said the Secretary of Energy, Pedro Joaquín Coldwell, in the presentation of the bidding conditions for the Third Long-Term Electrical Auction.

Source: SENER

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Pemex approves a new farm out in ultra deep waters of the Gulf of Mexico.

Today, Petroleos Mexicanos’ Board of Directors authorized to send to the Secretary of Energy the application for partner migration  for the exploration and extraction of the Nobilis-Maximino block, located in ultra deep waters in the Perdido Fold Belt of the Gulf of Mexico. This request is aligned with the strategy defined by Pemex in its Business Plan 2017-2021 to establish partnerships allowing  to share financial, technological and geological risks to complement its operational capabilities and consolidate as a competitive company.

Source: Pemex

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SENER and CENACE launch call for 2017 Long-Term Auction

Today, the Ministry of Energy (SENER) and the National Energy Control Center (CENACE) announced the call for bids for the 2017 Long-Term Electricity Auction. As in previous auctions, the state’s private and public companies, including CFE , will compete to sell electricity under the best conditions to the Basic Service Provider and, for the first time, to other participating buyers.

The third electric auction will attract investments to power generation, ensuring compliance with clean energy goals at competitive prices.

The tender guidelines for the 2017 Long-Term Auction will be published on May 8th, 2017.

Source: SENER

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