Puerto Vallarta and Mexico News

Puerto Vallarta and Mexico News

Trion field

At least eight oil companies to bid in Mexico Trion tender

At least eight large oil companies will participate in Mexico's tender to partner with state oil company Pemex to develop the deep-water Trion field in the Gulf of Mexico, two sources from the National Hydrocarbons Commission (CNH) said.

Mexican subsidiaries of BHP Billiton, BP, Chevron Corp., Inpex Corp., Total Exxon, Shell and Mitsubishi Corp. will bid on Dec. 5 to be part of the Joint Operating Agreement with Pemex, the sources, who spoke on condition of anonymity, said.

Pemex will own about 45 percent of the consortium formed for exploration and production in Trion, located in the Perdido . . .

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