Iatin America has become increasingly attractive to both local and foreign investors. Mexico held its first ever offshore deepwater auction (Round 1.4), open to both local and international firms, in December 2016, which was comprised of 10 blocks in both the Perdido and Salina Basins in the Gulf of Mexico.Eight of the 10 blocks were awarded to some of the largest oil and gas firms in the world, including BP, Chevron, CNOOC, ExxonMobil, Statoil and Total. Mexico's Round Two auctions, which will include both onshore and offshore blocks, will take place in summer 2017.
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