Mexico eyes risk contracts to offset Cantarell downturn

LOS ANGELES — Mexico

The paper cites official letters 400-455 and COFEMER/09/3988 (Federal Regulatory Improvement Commission), dated Nov. 3 in which Sener urges regulatory institutions to speed up the procedures in the new legal framework that was approved with the recent energy reform.

Sener explains that it is urgent “to speed up the discovery of new oil fields and the incorporation of reserves, as well as increase Pemex’s execution capacity, particularly through new contracting schemes so that specialized companies can support its activities.”

Oil and Gas Journal