Mexico`s Round One

Mexico’s Round One Assessing the Shallow Water Tender, Contract Terms & Compe??on -‐-‐ Agenda – All $mes are Pacific Standard Time (GMT/UTC – 8 hours) 10:00 – 10:05 am
Overview of logis-cs & the agenda by Alexis Arthur, Energy Policy Associate, Ins-tute of the Americas 10:05 – 10:10 am
Introductory remarks by Jeremy Mar-n, Energy Program Director, Ins-tute of the Americas 10:10 – 10:30 am
Opening statements by Miriam Grunstein, Non Resident Scholar, Mexico Center at Rice University & Consultant, Brilliant Energy Consul-ng; Antonio Souza, Senior Managing Director at Evercore Partners Mexico; Duncan Wood, Director of the Mexico Ins-tute at the Woodrow Wilson Center
10: 30 – 11:00 am
Ques-on & answer session Latest report: Mexico’s Energy Moment hRp://bit.ly/1J4NF4c Energy Program Steering Group Round One Shallow Water Contracts Framing Ques?ons • 
Mexico is preparing tenders for its first major oil and gas E&P contracts for interna-onal bid. AZer so many years of discourse, did you truly foresee this day coming and so soon aZer the Cons-tu-onal amendment? In terms of poli-cal will and speed, how do you rate the efforts to date of the energy reform in Mexico? • 
The announcement of the shallow water opportuni-es included government predic-ons of investment ($14 billion), drilling (26 wells in 36 months) and produc-on (80,000 barrels/day). Beyond your insights on the viability of these targets, help us understand and break down how the government derived these figures. • 
The shallow water tender includes strict rules and limita-ons for possible bidders with the goal of fostering compe--on and number of par-cipa-ng companies. Are these restric-ons in line with similar interna-onal E&P bid rounds or are they perhaps overly cumbersome for the shallow water opportunity? Will it serve the intended purpose or instead diminish the number of possible bids? How about the government’s defini-on of “oil majors” in the bid documents? • 
The announcement of the shallow water tender comes as oil prices have gone into free-‐fall, but also as the Peña Nieto administra-on and Mexico are besieged with ques-ons over the rule of law and transparency. The discussion over whether the Round One bidding will afford bidders a level playing field is worth further debate. Upcoming Energy Programs • 
• 
• 
• 
January 13: Cross-‐border Energy Forum, La Jolla, CA February 3 – 6: Caribbean Clean Energy Technology Symposium, St. Thomas, US Virgin Islands hRp://bit.ly/1x0nvMy February 12: Dominican Republic Energy Roundtable, Santo Domingo, Dominican Republic May 20 – 21: XXIV La Jolla Energy Conference, La Jolla, CA www.iamericas.org/lajolla Find out more about upcoming programs & publica-ons via TwiRer @IOA_Energy and www.iamericas.org/energy Become a sponsor of the 2015 Energy Webinar Series, for more informa-on contact [email protected]

Download Report