Update: Mexico’s Ronda Uno

Akin Gump Strauss Hauer & Feld LLP
Contact

On April 30, 2015, the Comisión Nacional de Hidrocarburos (CNH) released a revised version of the Bidding Guidelines for the First Tender published on December 11, 2014. This first tender seeks to auction fourteen (14) shallow water exploration and production blocks in the Gulf of Mexico under a production-sharing scheme.

The most relevant change in the recently revised Bidding Guidelines is the extension of the timeline for the CNH to review and publish the parties that will be prequalified to present bids.  As indicated in the timeline here, the dates have been extended from May 8 to May 20 and from May 15 to May 25, respectively. 

 

 

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Akin Gump Strauss Hauer & Feld LLP | Attorney Advertising

Written by:

Akin Gump Strauss Hauer & Feld LLP
Contact
more
less

Akin Gump Strauss Hauer & Feld LLP on:

Reporters on Deadline

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
Custom Email Digest
- hide
- hide