Global Companies Help Open New Oil Drill in Mexico

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For almost 80 years, the country of Mexico has wanted international competitors to become involved in its local energy markets and its wish came true this year when a private firm created a new offshore oil well in the waters of Mexico.

This construction of an offshore oil well was able to be done through the efforts of these companies: Premiere Oil, Talos Energy and Sierra Oil, the only local Mexican company among this group.

Premier Oil was the firm that announced that this happened. Premier was the first company to be able to do since the Mexican government nationalized oil in 1938 and created the oil monopoly called Petroleos.

This new oil well has been called Zama-1 and can now be found in the Sureste Basin off the coast of the Mexican state of Tabasco. In the future, Premier predicts hat the oil well should hold about 100 to 500 million barrels of oil. The drilling will take 95.0 days to finish and will cost about 16 million US dollars. The three global companies involved in this new oil well won the first round of bidding in 2015.

Elaine Reyn, an Edison Investment Research analyst in London, believes that Zama is the first Pemex well to be created due to the energy reform process of Mexico. She expects that the international oil industry is very curious to see what happens with this new effort. She is betting that geologically, this drilling has a very good chance of success.

When Zama is finished, Charlie Sharp of Canaccord Genuity sees this drilling as one of the most captivating explorations for 2017.

The stakes of the new well have been determined. Talos will have a stake of 35 percent in the well while Sierra will have 40%. Premier will get the remaining stake of 25%.

Talos Energy, one of the companies that is part of this new drill, was started with 600 million US dollars that it got from equity In one day, it can produce 16,000 barrels of oil in the Gulf of Mexico. 60 professionals operate this company in Houston Texas. If a person counts the field operators for this company along the Gulf Coast, a person should find that there are 120 employees.

Talos Energy proud to acknowledge that Workplace Dynamics the best w acorkplace among local businesses. They were able to get this acknowledgement without having to do Friday happy hours or have day care centers onsite.

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Omar Yunes: The Winner of Best Franchisee in Mexico

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Omar Yunes is recognized for winning World Award as the best Franchisee for Mexico. This completion which was held on December 5 in Florence, Italy had eight competitors where Omar Yunes who originates from Sushi Itto featured. He began his work as a Japanese franchisee food chain at a tender age of 21 years. During the competitions, he won a prize which was worth 400 employees who were working with this 13 unit brand. Omar Yunes owns about 10% of the 13 franchised units. Some of its branches are located in Veracruz,
Puebla and Mexico City.

During that competition where Omar was a winner, there were more than 30 countries. The evaluation was based on the effects that the franchise has impacted on the network. Some of the aspects that were addressed include, the contribution of the franchise to the system, its influence and employee motivation. Regarding grant some terms like savings, the amount of the invoice and improvements on your model were looked at.

Omar won that award due to his hard work. The organizer of BFW Mexico stated that omar deserved the prize. Some of his excellent work included getting better management regarding information. Omar Yunes also helped in implementing controlling the boards in clearing the measurements of each unit.

This award was considered as a significant manifestation according to Benjamin Cancelmo who is the CEO of Sushi Itto. It was taken as the joint effort that aimed at offering customers excellent service, flavor, and first-class hospitality. Elizarrarás took this award as an international exposer of the Mexican franchises. The award moved it from being a local Mexican franchise to a worldwide known brand that people can trust.

A good effort should be appreciated and recognized by the authorities. That is why Best Franchisee of the World (BFW) is taking time in thanking the winners like Omar Yunes. Through a unique selection which is carried out in each state in the public versions of the event. This process aims to manage and to bring together the best franchises with the best and leading brands.

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