Pemex had high expectations for an offshore platform on the coast of the State of Campeche, but the company could not start operations in this facility. The Superior Audit of the Federation (ASF) published a report on this issue.
Pemex aims to sign several associations to recover its poor performance in the medium and long term. The company has big expectations in the Nobilis-Maximino and Ayin Batsil blocks, but the NOC could not find a partner to develop these areas. Carlos Treviño, CEO of Pemex, talked on this issue and the alliances strategy.
Pemex managed to recover its performance in oil exports, after these fell sharply in 2016 as a result of low oil prices. However, the company started 2018 with mixed results, as exports increased compared to same period last year, but decreased compared to December 2017.
The company is working on a digital transformation to improve its information security and facilitate relations with its partners. Rodrigo Becerra Mizuno, Corporate Director of Information Technology at Pemex, and Carlos Treviño, CEO of Pemex, spoke on this topic.
Pemex announced its financial results for 2017, highlighting that the firm surpassed its production target and it is levering Energy Reform’s tools to overcome its problems. The company reported stable finances and operating improvements in 2017.
Pemex’s CEO, Carlos Treviño, and Secretary of Finance and Public Credit (SHCP), José Antonio González, will meet with investors in New York to discuss the political uncertainty that Mexico is facing before presidential elections.