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CERAWEEK-Mexico's Pemex to look for partners for deepwater blocks it won in auction -CEO

Published 06/03/2018, 07:05 am
Updated 06/03/2018, 07:10 am
© Reuters.  CERAWEEK-Mexico's Pemex to look for partners for deepwater blocks it won in auction -CEO
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HOUSTON, March 5 (Reuters) - Mexico's state-run oil companyPemex PEMX.UL plans to reach out to existing partners to formnew joint ventures for two deepwater blocks it won in a Januaryauction, the company's chief executive officer told Reuters onMonday.

The company will start talks with oil companies, includingthe United States' Chevron Corp (NYSE:CVX) CVX.N , Japan's Inpex Corp 1605.T and Australia's BHP Billiton (LON:BLT) Ltd BHP.AX , which areits partners in other oil and gas projects, Carlos Trevino saidon the sidelines of the CERAWeek by IHSMarkit energy conference.

Pemex also expects to find companies to invest in itsNobilis-Maximino and Ayin-Batsil projects in Mexico's Gulf undermore flexible terms, after failing to land partners for thosedevelopments last year. The company also will offer this yeareight onshore projects, including 29 oil blocks for partnershipsin an auction that will be decided in September-October.

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