Arab Today, arab today mexicanled group first winner of historic oil auction
Last Updated : GMT 13:53:21
Arab Today, arab today
Arab Today, arab today

Mexican-led group first winner of historic oil auction

Arab Today, arab today

Arab Today, arab today Mexican-led group first winner of historic oil auction

Mexico oil auction
Mexico City - Arab Today

A consortium led by one of Mexico's newest independent energy firms, Sierra Oil & Gas, was declared on Wednesday the first winner of the country's historic oil auction.

The group won a contract for one of the 14 oil blocks up for grabs after offering to give the state nearly 56 percent of proceeds, said the National Hydrocarbon Commission.

 

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