Carlos Palavicini, CEO, Petricore
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Carlos Palavicini
CEO
Petricore
https://www.linkedin.com/company/petricoregroup/
Imaging technology solutions will increase accuracy and certainty in rock and fluid analyses, says Carlos Palavicini.
john lawrence
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John Lawrence
CEO
Petricore
Petricore CEO John Lawrence highlights the company’s successful efforts to provide local knowledge and quicker turnaround times.
John Lawrence
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John Lawrence
Director
Petricore
Petricore has employees in Houston and in Mexico, with strong cooperation between the two teams
Roundtable
Jesús Rodríguez
Jesús Rodríguez
Founding Partner
Rodríguez Dávalos Abogados

Filing lawsuits against PEMEX was not advisable due to the complexity of the situation. The fault does not lie with PEMEX because it was a public finance issue. PEMEX and CFE’s treasuries are run by the Ministry of Finance and companies should understand the risks when they agree to do business with them. The first influencing factor was the drop in oil prices, which changed drastically after many contracts had already been signed. Secondly, the previously strained relationship between PEMEX and the Ministry of Finance negatively impacted the NOC’s ability to make payments. PEMEX has now started to pay providers, focusing its efforts on smaller companies. This causes issues because if the larger companies are not paid there is a chain reaction and they cannot pay their subcontractors.

Hit by severe liquidity problems, PEMEX was US$8.5 billion in debt with its suppliers at the end of 2015.
John Lawrence
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John Lawrence
CEO
Petricore
Petricore is a multinational company that provides core and fluid analyses, mudlogging services and geological support services and products
John D. Lawrence
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John Lawrence
CEO
Petricore
The main problem we are seeing is the delay that can last up to several months in terms of billing for services
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