Please explain why the opening of the Mexican market is important to OneSubsea, and the offshore oil and gas industry at large? The Mexican energy reform, approved in December 2013, ended the 76-year state monopoly held by Pemex, thereby creating an open market for international oil companies (IOCs) to operate. It is expected that some of these operators will bring the investment and experience needed to develop the deepwater areas of Mexico. OneSubsea offers a full suite of products and services to help predict and address potential challenges operators may face, as well as help boost production and increase the life of the deepwater fields and their recovery factors.
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