{"id":19649,"date":"2018-09-17T13:24:51","date_gmt":"2018-09-17T18:24:51","guid":{"rendered":"http:\/\/www.basham.com.mx\/Blog\/?p=1558"},"modified":"2018-09-17T13:24:51","modified_gmt":"2018-09-17T18:24:51","slug":"pemex-farm-outs-2","status":"publish","type":"post","link":"https:\/\/basham.com.mx\/en\/pemex-farm-outs-2\/","title":{"rendered":"PEMEX \/ FARM OUTS"},"content":{"rendered":"<p>PEMEX \/ FARM OUTS<\/p>\n<p>&nbsp;<\/p>\n<p>As per information released on August 27, 2018, the State-Owned Productive Company, Petroleos Mexicanos (\u201cPEMEX\u201d) may, in the coming years, choose directly the partners with whom it would seek to exploit oil \ufb01elds in partnership, also known as \u201cFarm Outs\u201d.<\/p>\n<p>In this regard, Fluvio Ru\u00edz, who could be the next general manager of Pemex Exploration and Production in the administration of the elected President, Andr\u00e9s Manuel L\u00f3pez Obrador, has supported the fact that PEMEX may choose directly its partners and not by means of a tender procedure called by the National Hydrocarbons Commission (\u201cCNH\u201d) as currently occurs as per the legal mandate provided in article 13 of the Hydrocarbons Law.<\/p>\n<p>If the above results viable, \ufb01rst, the National Congress would have to modify the referred Hydrocarbons Law as to eliminate the obligation of carrying out a tender as per the procedure referred therein so PEMEX may partner with national and\/or international companies in the \u201cFarm Outs\u201d.<\/p>\n<p>As of this date, PEMEX has three association agreements to explore the \ufb01elds known as: (i) Trion, in ultra-deep waters with the company known as BHP Billiton Petr\u00f3leo Operaciones de M\u00e9xico, S. de R.L. de C.V.; (ii) Cardenas-Mora, for onshore \ufb01elds, with the company known as Cheiron Holdings Limited; (iii) Ogarrio, in onshore \ufb01elds, with the company DEA Deutsche Erdoel AG. Likewise, beginning this year, CNH issued the call CNH-A6-7-Asociaciones\/2018, with purposes of tendering 7 \ufb01elds to be explored \/ exploited in association with PEMEX where, as of this date, there are 8 companies which have begun the prequali\ufb01cation process and in which the awarding of contracts is expected to take place for February 19, 2019.<\/p>\n<p>It\u2019s important to point out that Fluvio Ruiz Alarc\u00f3n was, during the administration of former President Felipe Calder\u00f3n Hinojosa and under the administration of the current President Enrique Pe\u00f1a Nieto, independent member of the Board of Directors of PEMEX.<\/p>\n<p style=\"text-align: center;\">SINCERELY<\/p>\n<p>&nbsp;<\/p>\n<table>\n<tbody>\n<tr>\n<td style=\"text-align: center;\" width=\"294\">Juan Carlos Serra<\/td>\n<td style=\"text-align: center;\" width=\"294\">serra@basham.com.mx<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center;\" width=\"294\">Jorge Eduardo Escobedo Monta\u00f1o<\/td>\n<td style=\"text-align: center;\" width=\"294\">jescobedo@basham.com.mx<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center;\" width=\"294\">Jorge Cobos<\/td>\n<td style=\"text-align: center;\" width=\"294\">jcobos@basham.com.mx<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n<p style=\"text-align: center;\">Mexico City, September 17<sup>th<\/sup>, 2018<\/p>","protected":false},"excerpt":{"rendered":"<p>PEMEX \/ FARM OUTS &nbsp; As per information released on August 27, 2018, the State-Owned Productive Company, Petroleos Mexicanos (\u201cPEMEX\u201d) may, in the coming years, choose directly the partners with whom it would seek to exploit oil \ufb01elds in partnership, also known as \u201cFarm Outs\u201d. In this regard, Fluvio Ru\u00edz, who could be the next [&hellip;]<\/p>","protected":false},"author":15,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_crdt_document":"","footnotes":""},"categories":[1264,1313],"tags":[],"class_list":["post-19649","post","type-post","status-publish","format-standard","hentry","category-english","category-oil-gas"],"_links":{"self":[{"href":"https:\/\/basham.com.mx\/en\/wp-json\/wp\/v2\/posts\/19649","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/basham.com.mx\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/basham.com.mx\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/basham.com.mx\/en\/wp-json\/wp\/v2\/users\/15"}],"replies":[{"embeddable":true,"href":"https:\/\/basham.com.mx\/en\/wp-json\/wp\/v2\/comments?post=19649"}],"version-history":[{"count":0,"href":"https:\/\/basham.com.mx\/en\/wp-json\/wp\/v2\/posts\/19649\/revisions"}],"wp:attachment":[{"href":"https:\/\/basham.com.mx\/en\/wp-json\/wp\/v2\/media?parent=19649"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/basham.com.mx\/en\/wp-json\/wp\/v2\/categories?post=19649"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/basham.com.mx\/en\/wp-json\/wp\/v2\/tags?post=19649"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}