The decision by the Brazilian energy giant would be due to improved hydrology.
Companies are expressing an interest in Mexico's next oil and gas auctions, to be held in June and July.
The state oil firm's oil and gas production continues to decline, but farm-outs and upcoming auctions are intended to turn around that trend, Pemex says.
Ana Giros, Latin America CEO at French utility giant Suez, also tells BNamericas how the company wants to develop its water technologies in new industries, such as oil and gas.
Mexico's state oil company trimmed its net losses during 2016 and surpassed its production target for the first time in five years.
The contract signed earlier this month with Air Liquide will increase gasoline production and reduce refinery costs, according to Pemex's CEO.