VOICED : Mexico lanza segunda ronda para licitar pozos petroleros

The Mexican government launched the second round of oil bidding for 15 blocks in the Gulf of Mexico, with an estimated 1.587 billion barrels of crude. The investment potential could reach $11.25 billion, creating up to 30,000 direct and 80,000 indirect jobs. Registration is open from August to December, with awards announced in March 2017. This is part of the 2014 Energy Reform, which opened the oil sector to private investment for the first time since 1938. Three bids were completed in the first round with 27 companies from seven countries partnering with Pemex.

What is the estimated amount of crude oil in the blocks offered in the second round of bidding?

• 1.587 billion barrels

• 1.587 thousand barrels

• 1.587 million barrels

• 1.587 trillion barrels

By when are the first extractions from the new oil blocks expected?

• 2021

• 2023

• 2020

• 2022

What is the potential investment value of the areas being bid on?

• $11.25 billion

• $11.25 trillion

• $11.25 million

• $11.25 thousand

How many direct jobs could the investment potentially create?

• 80,000

• 50,000

• 100,000

• 30,000

In what year did the Energy Reform that opened the oil sector to private investments take place?

• 2018

• 2014

• 2010

• 2020