*The federal finance ministry (SHCP) has announced that it has established the minimum and maximum values for the variables to be taken into consideration for the awarding of concessions in its proposed ‘Round 2’ of oil concession auctions. Noting that these values will soon be published, the SHCP said that the Round 2 auctions will be divided into three separate auctions comprising 15 shallow water blocs under the shared production model with the state-owned oil firm Pemex; and 26 onshore blocs under the full concession model.
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