Mexico oil regulator oks auction terms for 15 shallow water areas
MEXICO CITY, July 19 (Reuters) - Mexico's oil regulator approved auction terms on Tuesday for 15 shallow water areas in the Southern gulf of Mexico, set to be bid out in March of 2017 as part of a rolling series of auctions following a sweeping energy opening.
The first phase of the round will feature 30-year production sharing contracts, the regulator said, adding that winners would be announced on March 22, 2017.
(Reporting by David Alire Garcia and Adriana Barrera)
© Thomson Reuters 2017 All rights reserved.