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Mexico's CNH certifies 17 oil companies for deepwater oil auction

The Mexican oil regulator Comisión Nacional de Hidrocarburos (CNH) has certified a final list of 17 oil companies that have pre-qualified to bid in the first deepwater oil auction, to be held on 5 December 2016. The tender will include the promising Trionn field and ten separate deepwater fields, including four clustered around Trion, south of the maritime border with the United States.



Eight individual bidders have pre-qualified, namely BHP Billiton, BP, CNOOC, ExxonMobil, Petronas, Pemex, Statoil and Total. In addition, seven consortia will take part to the auction, namely Atlantic Rim - Shell, Eni - Lukoil, Murphy - Ophir - Petronas - Sierra Offshore Exploration, Petronas - Sierra, Statoil - BP - Total, Total - ExxonMobil, and Chevron - Pemex - Inpex Corp. Companies are not allowed to bid more than once on the same project (as individual and as member of a consortium).



The tender will be the fourth phase of the Round One tender, which aims at ending Pemex's monopoly over oil and gas production.