Pemex official: Mexican MSC round just first step

Mexico's controversial Multiple Service Contracts, designed to attract foreign investment to exploration and development of natural gas in that country, may someday be utilized also for oil projects, according to an official of state oil company Petroleos Mexicanos.That observation was made last month by José César Nava Vásquez, general counsel for Pemex, at a Houston seminar on energy investment opportunities in Mexico. The seminar was put together by Houston law firm Haynes & Boone LLP.The MSCs have aroused political controversy within Mexico because they would allow the participation of operating companies in Mexican hydrocarbon E&D for the first time since nationali...

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