After PEMEX’s transformation into a productive enterprise of the state and the influx of foreign private companies into Mexico’s oil and gas industry, the supply chain is undergoing a deep change. Local requirements to support national content and companies have yet to deliver the expected creation of a dynamic domestic industry. Although the market will continue to grow, it remains a challenge for local players to seize the new opportunities and solidify a true national oil and gas sector.

Still, the surge of national companies that have successfully risen to the challenge, winning auctions and actively participating in the industry, has brought to light the ability and willingness of local entrepreneurs and national champions to go toe to toe against some of the world’s biggest names in the industry. This chapter looks at the evolution of the local supply chain, the national champions and their effect on the national hydrocarbons industry.