The Spanish oil major also provided updates on its operations in Trinidad and Brazil on Wednesday, as it reported higher net income in the third quarter.
The South American nation is seeking to step up cooperation with the countries to combat a severe economic crisis.
BNamericas takes a look at Mexico's five biggest hydrocarbons projects in terms of projected investments in them.
Petrobras signs agreement to sell Petrobras Oil & Gas B.V.
A bill introduced by the environmental minister is being discussed in the lower house. Will it succeed in resolving the judicalization and the politicization of projects?
It is estimated that from 2018 until 2027 investments for E&P activities in Brazil could range from US$365bn to $406bn