SUBSCRIBERS
Mexico conducts landmark oil auction
It is offering 14 blocks in the Gulf of Mexico worth an estimated US$17 billion in total
Add BT as a preferred sourcePublished Wed, Jul 15, 2015 · 09:50 PM
Mexico City
MEXICO holds on Wednesday the first oil auction of a historic energy reform that reopens the industry to foreign investors, with US, European and Asian firms jostling for contracts.
Nearly 80 years after kicking foreign energy companies out of the country, the government is offering 14 blocks in shallow waters of the Gulf of Mexico worth an estimated US$17 billion in total.
Share with us your feedback on BT's products and services
