“I would say there’s a sensation that you can see a light at the end of the tunnel,” José María Lujambio, partner and energy practice director at Cacheaux, Cavazos & Newton, told NGI’s Mexico GPI. “It is a feeling that deterioration in the [Mexican energy] sector has ended and members of the industry are starting to see some signs of improvement.”

Lujambio

Lujambio added: “There is an increase in activity in the early development of projects that could be operational in five to six years, and that is something we haven’t seen in the sector in a while. There’s a renewed interest in Mexico after a period of dormancy.”

Lujambio, who has been a partner and energy practice director at the law firm of Cacheaux, Cavazos & Newton since 2014, also serves as the Secretary of...