Cotemar & The Oil Revolution In Mexico

With over 10,000 employees in this oil and energy company, Cotemar is a large company who is proud to say that they are 100% Mexican-born and bread with nearly forty years of experience. Being that Mexico is not globally known as a powerhouse country when it comes to oil and energy, Cotemar is seen as one of the pioneers in leading this new revolution in Mexico.

For that reason, Cotemar and other companies that it has influenced are gaining universal praise from officials across the world. The following shows an example of this global approval of Cotemar in an article by the site Expansión, which highlights the accomplishments and the influence Cotemar has had on other companies on starting this revolution in Mexico.

THE SILENT OIL REVOLUTION IN MEXICO

With companies like Cotemar leading to others such as Petrobal, Sierra Oil, Diarqco, and Nuvoil, These companies are now paving the way in the renewed energy industry in Mexico.

The new scene of the energy business in Mexico resembles an unpleasant landscape for the organizations that won the first Round 1 tenders, and that as of now confront the primary difficulties to attempt to make their venture beneficial.

The new issue of Expansión magazine addresses the scene of these organizations, which are in charge of opening a crevice in a situation in which the main administrator, accomplice, client or provider was Pemex, with the test of doing as such amidst the talk of critics. Learn more about Cotemar: https://xn--pginasamarillas-njb.cybo.com/MX-biz/cotemar-sa-de-cv_5X and https://es.foursquare.com/v/cotemar/4e67b3a28877dfcf3048e5b7

In the event that they accomplish their objective, Mexico will turn around the injury that prompted the depletion of Cantarell – which decreased oil generation by one million barrels per day. The test for Pemex will be to figure out how to contend, join forces with organizations that it saw as providers or clients, diminish wasteful aspects, tidy up their records and upgrade.

New organizations are as of now well holders. Some of them should resolve the land clashes that they acquire from the past administrator (Pemex), acclimated to unraveling the social requests to floggings, just like the case that Cotemar endures in Veracruz. Others anticipate administrative resolutions. There are additional organizations that face issues of framework robbery or that need to manage the risk of sorted out wrongdoing. Notwithstanding this, what no one inquiries are that the vitality division carries on an upheaval. We think this is exceptionally positive for Mexico’s development prospects.

The fourth period of this initial round, the deepwater delicate, to be hung on December 5, will be the trial of fire.The Energy Secretariat gauges that if unions with Pemex are considered in the deepwater Trion field, the last stage may pull in about $ 45 billion of a venture. In comparison, the 30 contracts of the barterings made to date will, together, leave 7,000 mdd.

It is important that investigation and creation contracts in these fields meet the triple objective of expanding hydrocarbon generation, ensuring the national premiums of assessment gathering of eminences and sovereignties – a fundamental goal of the change is to restrict the utilization of Pemex as a little box – and offer alluring motivations to organizations that vote with their speculations for the ideal conditions.

The last is a key point that rivals of the change consider minor, however, it is not in a worldwide situation in which the nation with the biggest hydrocarbon holds is known as the United States. Mexican oil is a valuable resource for national premiums, yet it must be so for organizations looking to amplify shareholder esteem and should choose whether to put resources into the Gulf of Mexico, Nigeria or Canada. Read more: Cotemar | LinkedIn

The test of controllers (hydrocarbons, vitality, condition) to the quickened pace of rehashing the part will now change by guaranteeing a system of lawful sureness that still has pending.

While sitting tight for the fourth round of Round 1 to at long last draw in the real universal oil organizations, this is the ideal opportunity for littler, less marginless however more hazard tolerant organizations.

The quiet insurgency is as of now under way. Development drenches itself in this wild west of the oil segment in Mexico, and in the stories of the pioneers who will look to vanquish it.

Sources:

1.) http://expansion.mx/empresas/2016/11/02/la-revolucion-silenciosa-del-petroleo-en-mexico

2.) http://cotemar.com.mx/en/compania/cotemar-quienes-somos/

3.) https://www.linkedin.com/company/cotemar