2 minute read
Introduction
Next Article
Years after the opening of the Mexican oil industry to private players, significant transformations have unfolded. The government made the decision to stop further bidding rounds for new exploration and production (E&P) projects. Meanwhile, as the projects that were already granted evolved, operators chose to focus on their most promising ventures, leaving less viable blocks behind.
The industry also saw PEMEX regain its former prominence in the Mexican market as the López Obrador administration sought to keep the NOC as the premier company in the national oil and gas scene. Significant investments have been poured into boosting production, especially in priority fields like Quesqui and Ixachi, as well as the recovery of the National Refining System (SNR). Furthermore, remarkable progress has been made in the development of the landmark Zama field, with the government and private investors successfully reaching an agreement for its advancement.
Nevertheless, despite the administration’s aim to achieve energy selfsufficiency by the end of this term, the NOC struggles to hit its original production targets, pushing the realization of this goal further into the future. Moreover, the NOC’s debt plays a pivotal role in determining PEMEX’s certainty of operations within the oil industry in Mexico.
Many opportunities and challenges lay ahead in the industry. As the world prepares for a shift in the energy paradigm, it becomes increasingly evident that the oil industry must play a crucial role in supporting and guiding this transition. An escalating focus on emissions control is shaping the path ahead for the oil and gas industry in the coming years. Environmental, Social, and Governance (ESG) responsibility has become a top priority for companies in all industries, including oil and gas, with the measurement of emissions and implementation of mitigation methods becoming paramount for the industry’s future.
WE ARE EXCITED TO WELCOME YOU BACK WITH AN INNOVATIVE IN-PERSON EVENT!
Mexico’s main oil and gas conference will bring together the key players shaping the future of the Mexican oil and gas industry. Check out our program!
IN-PERSON DAY - TUESDAY, OCTOBER 03, 2022
09:00
09:30
10:30
12:00
13:00
15:00
16:00
16:15
Mexico’s Exploration, Development and Production Priorities
PEMEX’s Financial, Debt and Cash Flow Outlook
The Role of Private Operators in Mexico’s Upstream Oil & Gas Industry
Block 30: Important shallow water discovery offshore Mexico DEA Wintershall presentation
Supply Chain Outlook on Business Opportunities, Cash Flow and Industry Trends
The Technology Trends that are Shaping the Future of the Mexican Oil & Gas Industry
Operator Procurement Priorities, Local Content Optimization and Supplier Development Strategies
Deepwater As Springboard for Regional Development
PEMEX’s Deepwater Choices
WEDNESDAY, OCTOBER 04, 2022
Onshore Upstream Projects Update
Preparing the Environmental Regulatory Framework for Oil & Gas Industry of Tomorrow
Optimizing Production in Mexico’s Mature Fields
Energy Policy Perspectives, the Regulatory Framework and How to Stay Ahead of the Game
Transforming Mexico’s Deepwater Potential into Reserves and Production
The Next Wave of EPC projects: Why, Who, Where and How?
What Could Energy Policy Look like in 2024-2030, and What Would That Mean for the Industry?
End of Mexico Oil & Gas Summit 2023
THURSDAY, OCTOBER 05, 2022