Publication
What M&A trends will transform the 2024 insurance landscape?
It is widely accepted that 2023 was one of the worst years in recent memory for M&A activity.
Global | Publication | December 13, 2018
During an extraordinary session held Tuesday, Mexico’s National Hydrocarbons Commission (CNH) announced the following changes to the so-called Round 3 upstream bidding processes:
These changes were confirmed by CNH yesterday to accommodate certain requests by Mexico’s Ministry of Energy earlier this month. However, the CNH Rounds (which to date have successfully awarded more than 100 hydrocarbons exploration and extraction contracts (CEEs), including several historic Pemex farmouts) are expected to resume when Mexico’s new administration has the chance to review the bidding processes.
In that respect, President Andrés Manuel López Obrador (who just took office on December 1) recently insisted that hydrocarbon activities will continue to be a key component of Mexico’s energy strategy moving forward. According to public statements, new CNH Rounds will be called once production begins in CEEs that have been awarded in prior CNH Rounds. Pemex farmouts however, will continue in parallel.
We are closely monitoring the recent changes in the energy sector and will continue to keep our clients and friends apprised with the most relevant changes and implications in the energy sector. Feel free to reach out to us for more information.
Hernán González Estrada (Mexico City) concentrates his practice on energy, project finance, public procurement, regulatory and antitrust matters, and Dante Trevedan (Mexico City) focuses on project finance and government procurement, particularly in the energy sector.
Publication
It is widely accepted that 2023 was one of the worst years in recent memory for M&A activity.
Publication
For many years, investment yields were so low that the arbitrage rules applicable to tax-exempt bonds were for the most part more theoretical than practical.
Publication
Norton Rose Fulbright lawyers Roger Kuan, Jason Novak, Apurv Gaurav, Nathanael Green, Bernard O'Shea, Rohan Sridhar, Brian Chau, Véronique Barry, Vanessa Grant, and Sarah Pennington contributed several chapters to Digital Health 2024 International Comparative Legal Guide.
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