Mexican state oil firm Pemex will present its first possible deepwater tie-up with oil firms in the Trion field.
According to reports, the move is another major step in the opening up of its oil and gas industry.
The first proposed “farm out” is expected to be focused on the Trion field which is located in the Perdido area near the US border.
Pemex was awarded certain blocks in an oil tender in 2013, known as “round zero” and it is looking for partners to help it develop the so-called “farm out” which have been plagued by delays.