March 27, 2018 / 7:17 PM / a year ago

Mexico awards all eight blocks in competitive Southeast Basins auction

MEXICO CITY, March 27 (Reuters) - Mexico awarded all eight of the shallow-water blocks it tendered on Tuesday in the hard-fought final part of the last bidding round before the country’s July 1 presidential election.

The Southeast Basins auction was the most competitive portion of Tuesday’s larger shallow-water tender, with blocks awarded to firms including France’s Total, Italy’s Eni, Spain’s Repsol, Britain’s Premier Oil and Mexico’s state-run Pemex. (Reporting by David Alire Garcia and Marianna Parraga)

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