VOICED : Firmas asiaticas dominan contratos petroleros en Golfo de Mexico

VOICED : Firmas asiaticas dominan contratos petroleros en Golfo de Mexico

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Interactive Video

Business, Social Studies, Geography

9th - 10th Grade

Hard

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Asian firms dominated the bidding for oil fields in the Gulf of Mexico, with significant participation from a Chinese company. This could enhance China-Mexico relations and contribute to energy reform. The contracts are expected to bring $41 billion in investments and create 450,000 jobs. Australian company BHP won the bid for the Trion field, which is a major asset. The contracts are projected to increase Mexico's oil production by 900,000 barrels daily. The distribution of contracts was 39.5% to Asian firms, 35.5% to European, and 25% to North American companies, including two Mexican firms.

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