On December 17, 2020, the National Hydrocarbons Commission ("CNH") published in the Federal Official Gazette ("DOF") the Resolution CNH.E.50.002/2020 (the "Resolution"), by means of which the Administrative Provisions regarding Bidding for Exploration and Production Contracts of Hydrocarbons were amended (the "Provisions").
The Provisions regulates the acts and stages of the bidding process carried out by CNH to award the Exploration and Production Contracts (Contratos de Exploración y Extracción) ("EPE") provided by the Hydrocarbons Law ("LH") and the Federal Constitution. It should be noted that these bidding procedures were suspended by the current federal administration.
Among the main modifications to the Provisions are the following:
The modifications to the Provisions provided for in the Agreement entered into force on December 18, 2020.
Click here to download 'Amendment to the Administrative Provisions regarding Bidding for Exploration and Production Contracts of Hydrocarbons' in Spanish (PDF).
Gustavo Neyra López (White & Case, Legal Intern, Mexico) contributed to the development of this publication.