Pemex Bets on Private Partners to Halt Output Slide

2026-03-06 - 13:03

Key Points — Mexico expects mixed contracts and deepwater operations to contribute at least 400,000 barrels per day — roughly a fifth of national output — over the next decade — Pemex’s production fell to 1.63 million barrels per day in 2025, the lowest since 1980, as legacy fields like Ku-Maloob-Zaap enter accelerating decline —