Pemex to Include Offshore Gulf Fields in Contract Proposals
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Petroleos Mexicanos, Latin America’s biggest oil producer, is preparing a pair of offshore contracts allowing companies such as Exxon Mobil Corp. and BP Plc to gain access to the Mexican side of the Gulf of Mexico.
Pemex, as the Mexico City-based company is known, plans to announce in August a second round of performance-based contracts that may include offshore fields for the first time, Carlos Morales, head of exploration and production, said yesterday in an interview in Puebla, Mexico.