Houston, TX – January 21, 2018: Sultan Global Group is proud to launch its Mexico service.
Sultan Global Group (SGG) is launching its Mexico service to facilitate U.S. and other international companies seeking to do business in Mexico as well as facilitating Mexican companies seeking to do business in the U.S. Although our personnel have deep expertise in oil and natural gas, especially on the downstream and markets side, our connections and relationships will enable and create business opportunities in various sectors. Our advisory will not only cover business and industry matters, it will cover general matters such as political, security, and social issues since risk in these areas will also affect business in Mexico.
Mexico is currently the 8th largest producer of petroleum and other liquids in the world as well as the fourth-largest producer in the Americas after the U.S, Canada and Brazil. 2015, Mexico accounted for 688,000 barrels per day (b/d), or 9%, of U.S. crude oil imports although its oil production has steadily declined since 2005 due to natural production declines from the Cantarell and other large offshore fields. In order to stymie this decline, the Mexican government enacted constitutional reforms in August 2014 which ended the 75-year monopoly of Petróleos Mexicanos (Pemex), the state-owned oil company to explore and produce oil in the hope that private and other companies could bring technology and other expertise to explore for new sources of oil in addition to enhancing recovery of already discovered deposits.
Round One of energy auctions began in 2015 and offered production-sharing contracts in the shallow waters of the Gulf of Mexico. Each Round will consist of several bids and five Rounds will be held enabling the auctions to take place over several years.
Although companies will have several years to assess which energy auctions to participate in based on the intelligence they are gathering regarding details about the energy reform, they will need ongoing assistance regarding social, security, economic and political conditions in the country particularly around their investments. SGG has the connections and expertise to provide real, insider information. More importantly, regarding oil and natural gas markets, companies will not have intimate details regarding the operations of these markets and they will need to rely on the expertise of those who operated in these markets – personnel from Pemex. SGG can proudly state that with former senior personnel from Pemex on our team, we can provide clients real operations experience on the ground.
Since Donald J. Trump declared his candidacy for the presidency of the United States, most analysts can agree that the dynamics of the U.S.-Mexico relationship have changed dramatically. In addition to advising U.S. and foreign companies and individuals seeking to do business in Mexico, SGG can advise and empower Mexican companies and individuals seeking to do business in the U.S. Not only can we assist Mexican entities in understanding the political, social, regulatory security and economic conditions throughout the U.S., we can make business-to-business introductions as well as identifying and engaging key stakeholders for clients.
With a team consisting of foremost experts in Mexican and U.S. energy, political, social, security and economic issues, SGG can multiply your business opportunities. Companies interested in Sultan Global Group’s services should contact SGG at Saadia.email@example.com or +1 713 851 4029.
About Sultan Global Group
SGG is a multi-industry and multi-sector business advisory firm specializing in government affairs and engagement, public affairs, energy and strategy and development. Saadia Sultan is the Founding Partner at SGG. Ms. Sultan is a seasoned government relations leader, previously with ExxonMobil and BHP Billiton. She has over 18 years of experience in domestic and international government relations and public affairs.
For more information about SGG, please visit www.sultanglobalgroup.com.