CNH Issues Bidding Guidelines and Agreements for the First Pemex Farm-Out (Trion Project)
From Jorge Aleman Juarez of GT Mexico City and Derek J. Anchondo of GT Houston:
On July 27, 2016, the Commissioners of Mexico’s National Hydrocarbons Commission (the CNH) held a meeting to discuss and approve the invitation to bid, the Bidding Guidelines, and the exploration and production license agreement (the License Agreement) for the selection of the partner(s) for PEMEX Exploration and Production (PEP) for the exploration and production of hydrocarbons in deep waters in the…