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energy investment across the board

Growth Areas in MexicoGrowth Areas in Mexico and is weighing the probable return on 35 35 those investments for all types of energy

Non-E&P investment (e.g. in downstream processing)Non-E&P investment (e.g. in downstream processing) production, taking into account that 30 30

Investment in E&P activitiesInvestment in E&P activities technology transfer will be vital to its

Pemex’s forecast Pemex’s forecast 25 25 success.

Gulf of Mexico 20 20

Paul Delaire is ABS

Country Manager for 15 15

Mexico, based in $ billion CAPEX $ billion CAPEX

Mexico City. Delaire 10 10 earned a BS in marketing from East 5 5

Tennessee State

University and spent 0 0 22 years in the US Coast Guard before 2011 2011 2017 2017 1997 1997 2015 2015 2014 2014 2016 2016 2012 2012 1995 1995 2013 2013 1993 1993 2018 2018 1998 1998 1999 1999 2010 2010 1996 1996 1994 1994 2001 2001 2007 2007 2000 2000 2002 2002 2005 2005 2003 2003 2008 2008 2009 2009 2006 2006 2004 2004 joining ABS. He is member of Mexico

Source: Clarkson Research Services Report, “North America O