June 16, 2017
"Mexico's 2nd hydrocarbon auction marked by several joint bids, results due Jun 19"
Mexico's first invitation to bid on its second round of hydrocarbon auction has attracted the attention of some of the world's largest oil companies.
"It is interesting to see how flexible the market is becoming regarding joint bids," Luis Gomar, a Mexico City-based partner-lawyer in Thompson & Knight's International Energy Practice Group, told Platts on Thursday. "It is positive to see how Mexican companies like Sierra and Diavaz are participating in the auction in joint bids with international companies. This was one of the objectives of the reform," Gomar said.