Mexico’s Energy Reform is only five years old but already it has created sweeping change in Mexico’s oil and
gas industry. Now, the new administration has the challenge of consolidating the efforts already made by the
Peña Nieto government. The industry is holding its breath as it looks to the new president to eradicate legal
and regulatory bottlenecks and continue opening new and profitable opportunities for local and international
companies that see Mexico as an attractive destination to invest.
With Rounds 3.2 and 3.3 scheduled for next September as well as PEMEX’s seven farmouts scheduled for
October, Peña Nieto’s energy transition team, AMLO’s incoming team and CNH will have to work together to
guarantee a competitive process for the last licensing round of the current administration.
The rules of the game are clear and players should be ready to put their best bids on the table and continue
consolidating their business portfolios and Mexico’s upstream attractiveness for the years to come
