Mexican regulator confirms 26 bidders for next deepwater auction
Mexico’s National Hydrocarbons Commission (CNH) reported that 26 bidders will participate in the fourth auction of Round 2, which considers 29 deepwater contractual areas.
According to the regulator, the final list for the process to be held on January 31 considers nine companies that will go individually and 17 in consortiums.
The companies that will participate in Round 2.4 alone are BHP Billiton, China National Offshore Oil Corporation, Noble Energy, Pemex Exploration and Production (PEP), PC Carigali, Shell, Statoil, as well as Total E&P.
Meanwhile, the grouped bidders are BP in consortium with Statoil; BP with Statoil and Total; Chevron and PEP; Chevron, PEP and Impex; Chevron, PEP and ONGC Videsh; China Offshore with PC Carigali; ENI in association with Qatar Petroleum and Citla Energy; ENI and Qatar Petroleum.
Also, Noble in consortium with Deutsche Erdoel; Noble, Deutsche Erdoel and PEP; PEP and China Offshore; PC Carigali, OPHIR and PTTEP; Repsol with PC Caligari; Repsol, PC Caligari, Sierra Nevada and PTTEP; Repsol, PC Caligari and OPHIR; Shell and PEP; in addition to Shell and Qatar Petroleum.
The Secretariat of Energy (Sener) foresees that, in case of placing at least 25% of the areas, that is to say seven contracts, investments may be attracted by US$ 31.5 billion, if an average amount of US$ 4.5 billion per contractual area is considered.
The 29 contractual areas are located in the oil provinces of Área Perdido, Cordilleras Mexicanas and Cuenca Salina.