Pemex and Chevron team up to bid on deepwater contracts

Mexican National Hydrocarbons Commission (CNH) President Juan Carlos Zepeda announced on 28 November 2016 Pemex and Chevron will partner up in an auction for deepwater contracts in the Gulf of Mexico (SDP Noticias). The CNH released a complete list of bidders for ten deepwater block featuring fifteen participants from ten countries in bidding for the right to explore and exploit deepwater hydrocarbons in the Trion field (Economía Hoy). Pemex also registered to participate as a singular entity along with other major companies including Exxon Mobile, Statoil, and BP, among others. The awarded blocks will be announced on 5 December 2016 (El Financiero).