Talos Energy Files Notices Of Dispute Regarding Zama In An Effort To Achieve A Mutually Beneficial Resolution
Retrieved on:
Friday, September 3, 2021
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The dispute is over decisions taken by SENER, including the designation of PEMEX as the operator of a yet-to-be unitized asset.
Key Points:
- The dispute is over decisions taken by SENER, including the designation of PEMEX as the operator of a yet-to-be unitized asset.
- The aim is to resolve the dispute amicably through consultations and negotiations and avoid the need for further legal action, including arbitration.
- Talos will continue to engage in good faith with the representatives of the Government of Mexico seeking to achieve a fair and mutually beneficial agreement.
- These Notices of Dispute provide the opportunity for an initial phase of negotiation and consultation between the parties in an attempt to resolve the controversy.