STATE OF THE INDUSTRY

Almost four years since its signature and official publication, the Energy Reform has reached a status of consolidation, particularly in the hydrocarbons sector, where more than 50 new companies, national and international, have an Exploration and Production contract assigned by the CNH. In addition, the Mexican supply chain has strengthened due to the optimization of its client portfolio.

With the culmination of Round One in December 2016, and with the successful development of Round Two, the outlook for the hydrocarbon industry looks quite positive for the entire Mexican value chain. As the country has notably increased its exploration activities, and has initiated a complete process to increase its reserves, which will ensure the stability of the industry, encourage large investments in the country, and will create the necessary pipeline for future development and production activities.