REGIONAL

 

Mexico’s Pemex On The Hunt For Gulf Investment

 

Mexican state firm Pemex is looking for foreign investment. Gulf NOCs appear to be a key target.

 

Mexico is rapidly phasing out the 75-year monopoly of state firm, Petróleos Mexicanos (Pemex), opening the door to foreign investment in the country’s oil and gas sector. As Gulf NOCs expand their global reach, downstream investments in Mexico are particularly attractive.

A Pemex delegation...