DALLAS, October 1, 2014 /PRNewswire/ --
MarketReportsOnline.com adds Mexico's Energy Reform: The Migration, the Farm-Out and the Round 1 2014 market research report to the energy and power segment of its online business intelligence library. This report provides a detailed update on these latest events explaining the results of Round Zero, information about Pemex's assets with new contracts and the assets that the State is seeking to farm-out. It also provides insight on the areas that will be offered in the first bidding round in 2015. Additionally, the report explains the main type of contracts including the new fiscal terms. Complete report is available at http://www.marketreportsonline.com/357132.html .
After Mexico's Energy Reform was signed into law in December 2013, Mexican National Oil Company (NOC) Pemex formally requested to the Mexican State, which of its E&P assets the company would like to keep under its operation. This request was called Round Zero, where the areas not requested or awarded to Pemex would be relinquished to State control. The outcome of Round Zero indicated which assets were to be awarded to Pemex and migrated into a new type of contract as well as which assets were to be farmed-out by the NOC. In addition to Round Zero's announcement, the Mexican Government also confirmed the schedule for its first bidding round were areas no longer under Pemex ownership will be offered directly by the State.
This research on Mexican energy market reforms provides information and insight on -
- Mexico's Energy Reform schedule for Pemex farm-outs and first international bidding round (Round 1)
- Types of new contracts to be used: service contracts, profit-sharing contracts, production-sharing contract and licenses
- Main levies payable under the new contracts: exploration fees, hydrocarbon activity tax, landowner compensation fees, royalty rates and corporate income tax
- Geographical location of areas offered in Round 1
- Insight on the short term to long term evolution of the E&P sector in Mexico
Order a copy of this industry research at http://www.marketreportsonline.com/contacts/purchase.php?name=357132 .
One and more reasons to buy Mexico's Energy Reform: The Migration, the Farm-Out and the Round 1 2014 market research report include clarification and information on: new type of contracts available for E&P of hydrocarbons in Mexico, hydrocarbon areas that will now have private participation under new contracts, tax rates payable under the new contracts, institutional role of the Mexican Government and the associated regulatory agencies and the schedule for pending announcements related to the new contracts.
Major points from Table of Contents of this report on Mexican energy industry cover:
1 Table of Contents
Round Zero, Round 0.5 and Round 1
New Contracts for New Projects
Challenges Ahead and the Abundance Scenario
1.1 List of Tables
Table 1: First Pemex Assets for Migration into New Contracts
Table 2: Pemex Assets for Farm-Out Agreements
Table 3: Round 1 - AreasTable 4: Contracts for Private Investors - Summary of Terms
1.2 List of Figures
Figure 1: Round 1 - Areas
According to another market research report titled Canada-Energy Consumption, the Canadian energy consumption sector had total revenues of $200.0bn in 2013, representing a compound annual growth rate (CAGR) of 1.8% between 2009 and 2013.Sector consumption volume increased with a CAGR of 1.8% between 2009 and 2013, to reach a total of 206 million toe in 2013.The performance of the sector is forecast to accelerate, with an anticipated CAGR of 4.4% for the five-year period 2013-2018, which is expected to drive the sector to a value of $247.8bn by the end of 2018. Read more at http://www.marketreportsonline.com/357859.html .
Renovation and Modernization of Thermal Power Plants is another market research report that says total cumulative installed thermal capacity in 2013 amounted to 3668.6 Gigawatt (GW), of which 1,825.4 GW came from coal. The capacity of coal power plants aged 25-60 years old that may require R&M is 678 GW, most of which is based in the US, India and China. The key companies involved in R&M activities globally include Bharat Heavy Electricals Limited (BHEL), Alstom, Siemens, Babcock Borsig Steinmüller (BBS) and Emerson Process Management (EPM). Shanghai Electric, Dongfang Electric Group and Harbin Power Equipment are the dominant Chinese equipment suppliers for R&M activities. Read more at http://www.marketreportsonline.com/354632.html .
Explore more energy and power market reports as well as other research studies on Mexico at http://www.marketreportsonline.com/cnt/mexico-market-research.html .
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