Uncategorized

Mexico’s Oil Future Now Calls From an International Country Code

“What’s the country code for Australia?” Pemex Chief Executive Office Jose Antonio Gonzalez Anaya asks the six people in his 44th-floor office in Mexico City on Monday afternoon. “Is it 61? This might be our new partner calling.”

It is. Andrew Mackenzie, CEO of Melbourne-based BHP Billiton Ltd., was phoning after beating a rival bid to become Petroleos Mexicanos’ first-ever foreign partner in deep-water oil and natural gas drilling. Mexico is going to have to get used to more overseas calls — companies from Malaysia, China, Norway, the U.K., France and the U.S. won rights to drill Monday in the nation’s first deep-water offshore auction that allows outside investment.

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Categories: Uncategorized

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