Mexico cheers ‘world class’ O&G wins on land and at sea as energy reform pays off

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Mexico’s hydrocarbons sector appears to be on the cusp of a private sector-fuelled renaissance, as a pair of hotly-contested onshore tenders drew several high bids in the same week that two major oil fields were discovered in the shallow waters of Campeche Bay.

The onshore oil and gas auctions awarded 21 areas that will add 79,000 barrels/d of crude and 378 MMcf/d of gas production by ...

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