By OGJ editors
HOUSTON, Feb. 15 -- Mexico's national oil company Petroleos Mexicanos (Pemex) said that no bids were received for an international tender under the multiple service contract program for the Ricos Block in the Burgos basin.
The tender was canceled, at least for now. Pemex said five companies acquired bidding packages, but none submitted proposals.
Once the current MSC round has concluded, Pemex plans to schedule workshops with potential bidders to gather feedback and determine whether a future bidding round for the Ricos Block is suitable. Mexico 's law allows Pemex to tender blocks over again.
Pemex has a Feb. 15 deadline for submission of proposals for Monclova Block and a Feb. 22 deadline for proposals for Pirineo Block. Both blocks are in the second round of the MSC bidding process (OGJ Online, July 2, 2004).
MSCs are intended to help Pemex boost its natural gas production from the Burgos basin directly across from the Texas border (OGJ Online, Apr. 23, 2004).
