PE Live: Mexico’s downstream dilemma
Offshore production may be steadily climbing but lack of infrastructure and unclear offtake legislation threatens further growth
Private sector oil and gas production in Mexico is poised to significantly ramp up over the next five years, with operators making headway on blocks acquired in the country’s historic energy reforms. Recent upstream success has also showcased Mexico’s credentials as an exploration hotspot, paving the way for even more drilling. But as key offshore projects reach startup—including the shallow-water Saasken and Zama fields—and drilling campaigns rumble on, operators are waiting to hear how the government will resolve offtake to the midstream and downstream sectors, agreed a panel of experts on a PE Live webcast in early November. “My concern would be if Mexico tries to force upstream produc
Also in this section
20 March 2026
Attacks on key oil and LNG assets across the Gulf mean a prolonged supply disruption, with damage to Qatar’s export capacity undermining confidence in the global gas system
20 March 2026
The US may be systemically stripping Russia of key geopolitical allies, but Moscow can reap rewards from the Hormuz crisis, both in the short and long term
20 March 2026
Disruptions to Qatari LNG exports have highlighted the risks of concentrated supply, potentially strengthening the long-term position of US exporters despite limited near-term flexibility
20 March 2026
The extent of the US-Israel war with Iran means there will be no going back to the previous market equilibrium no matter how the conflict ends
