The KAB-A self-elevating rig will operate in the area of the same name and drill three wells, according to bidding rules.
Bidding rules will be available through July 6 with technical and economic bids to be opened July 12.
The winner will have 210 days starting August 30 to supply the rig.
The contract is part of PEP's light crude marine project roughly 75km offshore Tabasco state.
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