CNH-R02-L04/2017 Tender Results

Publicada en Publicada en English, Oil & Gas

CNH-R02-L04/2017 Tender Results

 

On January 31, 2018, the National Hydrocarbons Commission carried out the filing and opening of economic proposals act related to the tender CNH-R02-L04/2017 for the awarding of license contracts for the exploration and extraction of hydrocarbons in deep-waters.

Pursuant to the results of the tender, 19 contractual areas, out of 29, were awarded to different companies and consortiums. The remaining 10 areas could be bided by federal government in future tender procedures.

Awarded areas:

Area Companies
2 (Perdido) Shell y PEMEX
3 (Perdido) Shell y Qatar Petroleum
4 (Perdido) Shell y Qatar Petroleum
5 (Perdido) Pemex Exploración y Producción
6 (Perdido) Shell y Qatar Petroleum
7 (Perdido) Shell y Qatar Petroleum
10 (Cordilleras) Repsol, PC Carigali y Ophir
12 (Cordilleras) PC Carigali, Ophir y PTTEP
14 (Cordilleras) Repsol y PC Carigali
18 (Cordilleras) Pemex Exploración y Producción
20 (Cuenca Salinas) Shell Exploración y Extracción México
21 (Cuenca Salinas) Shell Exploración y Extracción México
22 (Cuenca Salinas) Chevron, PEMEX e Inpex
23 (Cuenca Salinas) Shell Exploración y Extracción México
24 (Cuenca Salinas) Eni y Qatar Petroleum
25 (Cuenca Salinas) PC Carigali Mexico Operations
26 (Cuenca Salinas) PC Carigali Mexico Operations
28 (Cuenca Salinas) Shell Exploración y Extracción México
29 (Cuenca Salinas) Repsol, PC Carigali, Sierra y PTTEP

 

Awarded contracts will represent investments of approximately USD $93 billion during the next 30 – 40 years.

It is relevant to mention that regarding contractual areas 21 and 29, due to the fact that in both cases there was a tie, awarding of such areas was determined through the un-tie amount offered. For contractual area 21, Shell Exploracion and Extraccion Mexico offered USD $110,154,514.03 million, while the consortium conformed by Chevron, Pemex and ONGC Videsh offered USD $42,100,101.00 million.

For contractual area 29, Repsol, PC Carigali, Sierra and PTTEP offered USD $151,253,352.89 million, while the consortium conformed by Eni, Qatar Petroleum and Citla Energy offered USD $86,723,456.00 million.

Derived from the offers made by awarded companies, mainly with respect to the additional royalty, State will receive, in average, 64% of the utilities generated by the contracts, as well as a cash payment of $261,407,886.92 million dollars for the tie derived from contractual areas 21 and 29.

The lawyers of the Oil & Gas area of our firm are available for any questions or comments on the above.

 

Sincerely,

 

Juan Carlos Serra

serra@basham.com.mx

Jorge Eduardo Escobedo Montaño

jescobedo@basham.com.mx

 

Mexico City, February 2nd, 2018

Deja un comentario

Tu dirección de correo electrónico no será publicada. Los campos obligatorios están marcados con *