PECOM is the ideal venue to new-to-market firms interested in participating in Mexico's offshore and onshore gas development program as well as those seeking to promote their technologies and services to potential end users and contractors.
The energy industry remains a pillar of the Mexican economy and is more important than ever to the future of the country. The Petroleum Exhibition and Conference of Mexico continues to benefit from the support of PEMEX, and the Instituto Mexicano del Petroleo (IMP).
The best prospects for firms seeking business in Mexico include: drilling of work-over-rigs, to be used in the exploration, discovery, development, maintenance, testing, depletion or production of oil and natural gas wells; pipe; valves; pumps; electrical apparatus for switching; insulated wire cable; electric capacitors, board panels; electric transformers; electric motors and generators; turbines, solar panels, electric poles, hydroelectric plants equipment, static converters; and rotary converters.
The largest investment in Mexico's NIP will be for the further development of Mexico's capacity for oil and gas production. As a major source of revenue to the Mexican government, Petróleos Mexicanos (PEMEX), the state owned petroleum producer, expects to invest in exploration, refining, and production (basic petrochemicals, gas, and more complex petrochemicals).
The major short term opportunities for companies in the oil and gas sector will be in providing drilling and exploration services to PEMEX. Because of the extensive activities of U.S. companies in the neighboring Gulf of Mexico, they should have a strong competitive advantage with respect to both technology and logistics. International companies should thus be very competitive in supplying drilling platforms and services and especially with supplying services related to direct and enhanced oil recovery technologies. Likewise, U.S. companies excel in a number of areas that are critical to enhancing oil recovery, including technologies for drilling unconventional wells, technologies for secondary and EOR processes, and technology for monitoring, controlling and automation of wells and facilities.
The Petroleum Exhibition and Conference of Mexico is organized by International Exhibitions, Inc., which also organizes the Latin American Petroleum Show, Deepwater Intervention Forum and the Drilling and Completing Trouble Zones forum.
Press Room:
4-22-10 Mexico Left to Play Catch-Up as Oil Majors Drill Deep in Gulf
4-20-10 Pemex board committee rejects draft business plan
4-19-10 Pemex Vows to Stick with Chicontepec Project
4-12-10 Pemex Plans Tender to Curb Output at Mature Fields
2-1-10 COMMERCE DEPARTMENT TO HELP SHOWCASE U.S. COMPANIES AT PECOM 2010