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Tag: Cárdenas-Mora

Egypt's Cheiron wins bid for development of Cárdenas-Mora oil field in Mexico

Posted: October 5, 2017 at 6:52 pm   /   Oil & Gas

The Egyptian company Cheiron Holdings Limited was awarded the winning bid during the process of the Cárdenas-Mora onshore block, by making an offer consisting of an initial payment of 125 million dollars, which acknowledges previous investments made by Pemex, as well as additional royalties of 13% and a cash payment of 41.5 million dollars (md), […]

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