Mexico's AMLO to Continue Drilling Service Contracts

  • “We are already preparing tenders for the drilling of wells”
  • AMLO to meet with service company representatives on Saturday
Photographer: Alejandro Cegarra/Bloomberg
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Mexico’s next president said he will continue with tenders for drilling service contracts starting when he takes office.

“We are preparing the rescue plan for the oil industry that will consist of producing more crude oil soon, and we will need these companies that have experience, most of them national companies,” President-elect Andres Manuel Lopez Obrador told reporters on Thursday in Mexico City. “We are already preparing tenders for the drilling of wells, and we are getting ready because we are going to launch those tenders from the first days of December.”