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Legal Framework

New Legal Framework

  • The new legal framework of Pemex endows the Company with the results-oriented management tools proper to the global petroleum industry. These tools add value in relation to exploration and production projects.
  • The Company now has its own legal mandate for procurement in relation to mission-critical activities characteristic of those of Pemex E&P: the exploration, development and production of oil deposits.
  • By virtue of Article 51 of the PEMEX Law, Pemex no longer is limited by the restrictions of the Public Works Law for such activities.
  • Now the Company may contract with national and international companies who are providers of goods and services in the oil industry under contractual models that are more attractive and balanced, both for Pemex as well as for the companies.

Regulatory Law of Constitutional Article 27

The Regulatory Law of Constitutional Article 27 (also known as the Petroleum Law) specifies the character of contracts that are permitted as well as that of those that are prohibited. It specifies that petroleum resources and revenue generated by their sale always belong to the Nation.

Law of Petróleos Mexicanos

The Law of Petróleos Mexicanos (also known as the Pemex Law) defines the mandate of PEMEX in terms of value creation. In Article 51, the law establishes a new system of contracts for mission-critical activities and provides flexibility in relation to procurement; for example, by allowing for the pre-qualification of bidders and price negotiations, among other measures.

Regulations of the Pemex Law

​Covering many topics, these regulations describe the compensation to be used in the new system of contracts.

Pemex Procurement Guidelines

The Procurement Guidelines (often cited as DAC, for their Spanish initials) specify the planning process and the procurement procedures that are authorized in Art. 51 of the Pemex Law.​​

Última modificación 05/12/2012 17:40