Mexico is preparing for its first deepwater auction. The bid is highly anticipated and NewsBase’s analyses the acreage,bid rules and tender terms in detail

EDINBURGH, LOTHIAN, UK, February 2, 2016 /EINPresswire.com/ -- MEXICO’S DEEPWATER D-DAY

Mexico is preparing for its first ever deepwater auction. The bid round has been highly anticipated since the liberalisation of the country’s energy sector was announced and the Round One tender process began last year.

NewsBase’s Mexico Deepwater Special Report analyses the acreage, as well as the bid rules and tender terms that have been presented by the authorities. It considers Mexico’s handling of the Round One process to date and the lessons learnt by the government and regulator.

‘The report is an invaluable guide to the risks and opportunities presented by Mexico’s deepwater bid round’ said Newsbase’s Managing Editor, Ryan Stevenson. “The report features exclusive insight from the Energy Ministry, the regulator and a broad range of industry experts, and as we have reported, companies are ‘drooling’ over the field studies released in January.”

The government intends to hold the auction in the second half of 2016. Ten blocks are on offer that the authorities believe could attract investment of up to US$44 billion. Local content rules are a major factor for potential bidders and are considered in detail in the report, as is the role of state-run Pemex in the process.

The Mexico Deepwater Special Report is available for immediate purchase online via the Newsbase website, www.newsbase.com

Table of Contents of the report

CHAPTER 1• Overview of Mexico’s structural reforms

The liberalisation of Mexico’s energy sector has stirred up interest amongst foreign investors, but risks remain regarding implementation of the new laws

CHAPTER 2• Energy reform legislative process

After a bumpy start there has been rapid legislative progress, culminating in the passing of the secondary laws in August

CHAPTER 3• Impact on deepwater production

A key focus of the reform is to open up Mexico’s deepwater to development

CHAPTER 4• Impact and potential on shale and natural gas

The shale gale in the US has spurred hopes that a similar boom in unconventionals could be achieved in Mexico although above ground conditions are considerably different

CHAPTER 5• What next?

The laws governing the energy reform have been passed at an impressive pace. Their implementation will be tricky and take longer

- See more at: http://newsbase.com/publications/mexico-energy-reform-special-briefing#sthash.sOSov3AQ.dpuf

About NewsBase Research

NewsBase Research (NBR) is a privately owned UK-based energy analytics firm which provides the global energy industry with news, research and forecasts on oil, gas, LNG, power and renewables. Founded in 1995 by Professor Gav Don, NBR’s Global Oil Forecast Service uses proprietary databases and algorithms to analyse and predict long-term changes to the world oil market.

Ryan Stevenson
NewsBase Ltd
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