Mexican energy reform
Mexico’s new energy reform ends 75 years of state monopoly in the local oil and gas sector. It is meant to attract private capital and technical expertise to build the Mexican energy industry, maximize O&G revenue, and boost economic growth through 2025.
Mexican energy reform: Opportunity knocks
Companies will need to strike a balance between being bold and prudent. Whether you are Pemex, a supermajor, an independent, an NOC, or oil field service company, there are opportunities for all. You just need to understand what your competitive advantage is, find the play (and partner), plan and organize, and then execute. The new Mexico should be a rewarding and interesting place to do business!