However, when it comes to building a workable compensation scheme for deepwater projects, this is the healthiest option available.

Insight
Licenses are now set to be the contracting model of choice for the development of the Mexican deepwater sector.
PEMEX basically handed over drilling contracts to these companies, which is completely different from what happened in the South Region’s ISCs, where…

Analysis
Of the six blocks offered, only three were successfully awarded in the original auction in July.