Why Mexico needs a 2nd national oil company
A state-majority owned company for offshore exploration
At a Mexico panel at the Offshore Technology Conference (OTC) on May 4, speakers worried that the pace of exploration in deep-water areas is too slow to build the needed “E&P Village.”
During the Q&A, the status of Pemex as a government agency was raised as a problematic issue, as Mexico had not followed the route of other countries like Norway in creating a mixed-equity national oil company (NOC). This report identifies the benefits to be obtained from a market-based NOC and lists the legal and practical steps needed to create a Pemex-B that would be focused on finding partners for offshore exploration blocks.
Download the public edition of this report.
To download the title list of reports issued in 2017, click Mexico Energy Intelligence Reporting in 2017.
To contact us about our subscription plans, email@example.com.
If you’ve not yet registered to receive email from Mexico Energy Intelligence, and wish to do so, click here.