Mexican licence bids
March 27 (LNGJ)- Mexico is holding its latest upstream auction of exploration and production licences in areas of the Gulf of Mexico with high natural gas prospects. It is offering 35 blocks under production-sharing contracts in the southern waters of the Gulf. The Mexican authorities have authorized 21 companies to take part in the auction from 14 countries. The blocks are divided into three sectors: the Burgos Basin (blocks 1-14), the Tampico-Misantla and Veracruz Basins (blocks 15-27) and the southeastern basins (blocks 28-35). In addition to the US oil majors and European companies such as Royal Dutch Shell, there are also bidders from companies in Spain, Germany, Argentina, India and Malaysia.
US plans largest federal offshore lease sale in LNG project development states on Gulf Coast
The US Department of the Interior has announced the largest federal offshore oil and gas lease sale in history with a range of incentives for companies and involving 76.9 million acres in the Gulf of Mexico offshore the main LNG export project development areas of Texas and Louisiana, as well as Mississippi, Alabama and Florida.
