We have been present in Mexico with a representative office since 2001. After the opening of the energy sector in 2013, we have been pursuing attractive business development opportunities in the country.
In December 2016, blocks 1 and 3 in the Saline Basin were awarded to a consortium consisting of then Statoil, now Equinor, (33.4%), BP (33.3%) and Total (33.3%). Equinor is the operator of Block 3, while BP is the operator of Block 1. The blocks cover an area of about 5,650 square kilometers in a largely unexplored deepwater area. The partnership is currently working on maturing the assets.
At the same time, Equinor is evaluating future opportunities in Mexico.
How to find us in Mexico
The blocks cover an area of about 5,650 square kilometres in a largely unexplored deepwater area.
The winning bids for blocks 1 and 3 presented by Equinor and partners consisted of an additional royalty of 10% (on potential future revenues) and an additional work programme equivalent to 1 biddable well per block. Each block also has a minimum work programme as defined by the authorities, including a variety of geological activities but no required wells.