PJSC LUKOIL began its operations in Mexico in July 2015, when the Company became a part of the Amatitlan block development project. Before that, in January 2014, LUKOIL signed a cooperation agreement with the Mexican company Pemex, which laid the groundwork for the two companies’ collaboration in the field of oil exploration and production.
LUKOIL joined the project in July 2015. The project is implemented in accordance with the service contract for hydrocarbon production.
LUKOIL entered the project in September 2017 after winning a tender and signing a PSA with The National Hydrocarbons Commission of Mexico (CNH).