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 new insight or understanding did you gain from this video?