With the opening of the upstream industry to foreign investment, Mexico presents a major immediate opportunity for exporters. Many new exploration and development companies without existing supply chains are entering the market.
Going forward, the service companies will be able to seek partners for more than what their current cash service contracts allow. A likely scenario would imply service companies partnering with local companies to form new Mexican independents—a marriage of technical expertise and local content.
For more information about the export opportunities available in Mexico, please contact us: