Mexico Awards 19 Deep-Water Blocks in Oil Auction
▻https://www.morningstar.com/news/dow-jones/TDJNDN_2018013115052/mexico-awards-19-deepwater-blocks-in-oil-auction.html
Mexico awarded exploration rights to 19 oil blocks in the Gulf of Mexico Wednesday, drawing a range of international oil investors in the second major deep-water auction since the country opened its energy industry to foreign investment in 2013.
Royal Dutch Shell PLC, the world’s second-largest non-state oil company, was the most aggressive bidder, winning nine of the 19 blocks awarded, four of them alone, four in consortium with Qatar Petroleum International Ltd. and one alongside Mexican state oil company Petróleos Mexicanos.
PC Carigali, a subsidiary of Malaysia’s Petronas, was involved in six winning bids, the Qatari state oil company in five, and Pemex in four winning bids.
