Concerns have been raised regarding a lack of vocational training in degree programs in Mexico. Graduates in relevant degrees such as geology or engineering tend to lack practical experience in their field. Companies entering the market will need to create schemes to help these graduates ease into the real aspects of the working environment, or take a chance on candidates with no work experience. Mexico has a good university system but it could perhaps interact more with the private sector for training purposes and to increase the employability of their graduates. Mexico needs to invest more in its education system to ensure the country is equipped with the correct talent to the the oil and gas industry’s future needs.
Local content regulations will have to be adapted according to the country’s necessities and possibilities. We have seen with our clients in Latin America and Africa that countries that implement local content regulations that are too aggressive, in the hope of creating jobs, have had to relax them because of the near-death experience the industry faced under those same regulations. in the aftermath, relaxation tends to lead to either a new definition of what local content is or a new level being settled to incentivize the participation of international companies in the market. This relaxation must obey market needs and take into account the country’s infrastructure, robustness and uncertainties. Fortunately Mexico and the US have a long history of putting together a supply chain that benefits both countries