Mexico Pushes Delays First Oil Tender Contract

May 25, 2015

Mexico's oil sector regulator, CNH, voted on Monday to push back the publication of the final production-sharing contract and bid terms for its initial shallow-water tenders to June 9.

The final contract and bid terms for the initial package of 14 shallow water exploration blocks that will kick off Mexico's historic oil sector opening were previously expected by Friday.

CNH President Juan Carlos Zepeda said the tweak to the previously announced timeline will allow more time for companies to offer comments and for the regulator to potentially approve additional modifications.

Comments on the draft contract and . . .

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