Mexican Petroleum Congress Opens

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(Pemex, 10.Jun.2015) – The Ministry of Energy (SENER), Pedro Joaquín Coldwell, opened the 10th Mexican Petroleum Congress at the Guadalajara Expo, which brought together 270 national and international companies with more than eight thousand participants from 12 countries.

The event was attended by the CEO of Pemex, Emilio Lozoya, and the governor of Jalisco, Aristóteles Sandoval.

“We, Mexicans, are now facing a new paradigm in the oil and gas sector where new players are taking part in the production chains of hydrocarbons,” said the head of SENER, who claimed that this trend will intensify in the coming months.

After announcing the first discoveries of hydrocarbons made taking advantage of the tools provided by the Energy Reform, Emilio Lozoya stated that Pemex is transforming from its very basis the in which it operates, in order to focus on generating economic value throughout its activities.

In this sense, he outlined four main lines of actions for this change to become effective: create a corporate cultural change to achieve high performance; drive operational practices to optimize the use of resources; establish a process management that eliminates inefficiencies and duplication; and maximize the profitability of activities, increasing competitiveness.

Additionally, the Congress President and Operating Chief of Pemex Exploration and Production, Gustavo Hernández, pointed out that the Energy Reform will enable an increase on production of hydrocarbons, improving costs in a scheme in which private companies will complement the investment of Petróleos Mexicanos through contracts for exploration and extraction of oil and gas.

Likewise, he observed, that better results will be obtained on competitive conditions in the refining, transportation and storage of produced hydrocarbons.

Thus, he added, Pemex will be strengthened by being able to associate with national and international companies to develop new projects or optimize developing projects that are already being operated on its own.

Afterwards, the Governor Sandoval Díaz thanked the Congress in Jalisco and noted that the event will enable the exchange of ideas and experiences for the benefit of the oil industry.

The organizations that combine efforts in order to conduct the Mexican Petroleum Congress are the Association of Petroleum Engineers of Mexico, the College of Petroleum Engineers of Mexico, the Society of Petroleum Engineers (Mexico), the Mexican Association of Petroleum Geologists and the Mexican Association of Exploration Geophysicists.

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