In December 2016 blocks 1 and 3 in the Saline Basin were awarded to a consortium consisting of Statoil (33.4%), BP (33.3%) and Total (33.3%). Statoil is the operator of the consortium and will in dialogue with partners and Mexican authorities decide on the way forward.
The blocks cover an area of about 5,650 square kilometres in a largely unexplored deepwater area.
The winning bids for blocks 1 and 3 presented by Statoil and partners consisted of an additional royalty of 10% (on potential future revenues) and an additional work programme equivalent to 1 biddable well per block. Each block also has a minimum work programme as defined by the authorities, including a variety of geological activities but no required wells.
Statoil has had an office in Mexico City since 2001.
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