News & Analysis as of

Energy Exploration Mexico

Morgan Lewis

Mexico Targets Foreign Investors in Oil and Gas Sector with Proposed Changes to Hydrocarbon Law

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Mexico’s President Andres Manuel Lopez Obrador introduced a legislative initiative on March 26 to reform Mexico’s Hydrocarbon Law (the Hydrocarbons Reform) that is aimed to impair investors in the sector. While the...more

White & Case LLP

Initiative to modify the Hydrocarbons Law

White & Case LLP on

On March 26, 2021, Mexican President Andrés Manuel López Obrador sent to the Chamber of Deputies the "initiative to modify the Hydrocarbons Law," (the "Initiative"). The Initiative intends to modify relevant aspects of...more

Spilman Thomas & Battle, PLLC

Currents - Energy Industry Insights - April 2020 #4

Industry Expert Insights - We reached out to a well-known expert in Mexico in the energy and legal industries to get his thoughts on the current energy climate. Juan Serra is a partner in the Mexico City office of...more

Bracewell LLP

Integrated Exploration and Extraction Service Contracts: the new model to be used by Pemex to reactivate fields and increase...

Bracewell LLP on

The 2019-2023 Business Plan for Pemex and its Subsidiaries (the “Business Plan”) provides that Pemex aims to promote partnerships between the public and the private sectors under a risk-sharing scenario that expects to...more

Holland & Knight LLP

Mexico Oil and Gas Update: The Potential Unitization of Block 7

Holland & Knight LLP on

Reports issued in the past week state that Pemex, Mexico's national oil company, seeks operational control of Talos Energy's Block 7 oil and gas exploration area, located in shallow waters off the coast of the State of...more

White & Case LLP

Pemex: Investment opportunity in mature fields

White & Case LLP on

On April 24, 2019, Pemex's Chief Executive Officer, Octavio Romero Oropeza, as a measure to comply with the presidential instruction of producing more than two million 400 thousand daily barrels by the end of the six-year...more

Holland & Knight LLP

Mexico's President-Elect Outlines New Administration's Energy Strategy

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Mexico's energy reform of 2013 opened both of the country's energy sectors: Oil and gas as well as electricity. As the industry moves to take advantage of the new market opportunities, a new administration is set to take over...more

Holland & Knight LLP

Mexico's National Hydrocarbons Commission Reschedules Oil Rounds and Farmouts

Holland & Knight LLP on

• Mexico's new administration, led by President-Elect Andrés Manuel López Obrador, has promised to not rescind the energy reform of 2013, but to closely review the exploration and production (E&P) contracts already awarded to...more

Akin Gump Strauss Hauer & Feld LLP

Mexico’s Energy Industry: Round 3.1: Mexico Adds Another Success in Latest Shallow Water Tender

On March 27, 2018, the Comisión Nacional de Hidrocarburos (“CNH”) completed the Presentation and Opening of Bid Proposals for the First Tender of Round Three (“Round 3.1”), which was first announced on September 29, 2017....more

Holland & Knight LLP

Mexico Hydrocarbons Commission Issues Criteria for Approving Farmouts of E&P Contracts

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According to Mexico's Hydrocarbons Law, the National Hydrocarbons Commission, or Comisión Nacional de Hidrocarburos (CNH), has the authority to previously approve alliances or associations that assign corporate control or...more

Holland & Knight LLP

CNH Awards Public Bids for Deep-Water Hydrocarbon Production

Holland & Knight LLP on

The Hydrocarbon National Commission, or Comisión Nacional de Hidrocarburos (CNH), published on Dec. 17, 2015, the call for the fourth international public bid for Round One, as part of the implementation of Mexico's energy...more

A&O Shearman

Oil & Gas Sector in Mexico: The Mexican Government Announces Round Two | Publications

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On July 20, 2016, the Mexican government, through the Comisión Nacional de Hidrocarburos (National Hydrocarbons Commission) (“CNH”), published in the Diario Oficial de la Federación (the Federal Official Gazette) the Bidding...more

Akin Gump Strauss Hauer & Feld LLP

Update: Mexico’s Ronda Uno

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)...more

Dechert LLP

Mexico Opens Up Its Energy Industry: The Liberalization of Mexico’s Energy Sector May Lead to New Opportunities for Investors

Dechert LLP on

Mexico’s president, Enrique Peña Nieto, introduced a reform in August 2013, according to which the Mexican state will give up absolute control over the supply of oil, gas and electricity. The relevant bill changing the...more

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