Jan. 31, 2014—Weatherford International, a global oilfield services company and an underwriter of the Center for U.S. and Mexican Law, presented a seminar at its Houston International Headquarters in Houston titled “Mexican Energy Reform: Anticipating Transactional Trends.” The Center for U.S. and Mexican Law collaborated in the organization of the seminar, and Professor Stephen Zamora, Director of the Center, moderated the first panel.
Two members of the Mexican Congress, Antonio Cuéllar Steffan and Rubén Camarillo, discussed the challenges of implementing the historic constitutional reforms of December 2013, which are intended to open hydrocarbon production and exploration to foreign investment. The constitutional reform requires the Mexican Congress to adopt 28 separate implementing laws within 90 days. These “secondary laws” may lead to the implementation of the energy sector opening in Mexico.
Juan Carlos Zepeda, President Commissioner of the National Commission of Hydrocarbons in Mexico or CNH, and Dr. Guillermo C. Domínguez Vargas, also a Commissioner of the CNH, discussed how governmental institutes currently regulate the spectrum of oil and gas production and exploration in Mexico.
Both speakers highlighted the CNH’s key role in administering the system of bidding and contracting that will be used to allow foreign companies to undertake oil and gas activities in Mexico.
David Enríquez, Senior Partner at Goodrich Riquelme Asociados and a member of the Advisory Board for the Center of U.S. and Mexican Law, discussed strategies key players will take in bid processes.
Dr. Miriam Grunstein, Professor of Law at Centro de Investigación y Docencia Económicas (CIDE) and an Affiliate Scholar at the Center for U.S. and Mexican Law, provided an analysis that highlighted the challenges that businesses and governments will face in carrying out new reforms.
Ricardo Colmenter, General Regional Counsel of the Western Hemisphere at Weatherford, and Pietro Milazzo, Director of Sales and Marketing at Weatherford, organized the event.
The Center for U.S. and Mexican Law welcomes opportunities to collaborate with sponsors and underwriters in such high quality events.
To view copies of the presentations made at the seminar, please click on the links below: