Pemex has presented a new service contract model for mature fields (1st CSIEE Service Contract bid round) to enhance their attractiveness to private companies, Pemex nonetheless retaining operatorship. Lower tax rates, adjustable fees in line with market prices and cost recovery for high-risk projects are amongst the incentives. Contractors would pay 100% of capital expenditures + operating costs and would be paid a fee for production.   Phase 1 licensing will include 7 (table below) of 21 fields selected, both onshore and offshore. Marginal, Secondary Recovery, Shallow Water, and Technically Complex field types have been defined. Tender details are expected on 25 November, round launch on the 26th, bids on 29 Jun â20.
Pemex has presented a new service contract model for mature fields (1st CSIEE Service Contract bid round) to enhance their attractiveness to private companies, Pemex nonetheless retaining operatorship. 