© 2015 The Texas Lawbook.
By Brooks Igo
(March 16) – Former ExxonMobil attorney Francisco Mendez decided to leave retirement for the opportunity to join Mayer Brown as a partner in Houston and help lead the firm’s efforts to open an office in Mexico City, the firm announced recently.
He says that though the dip in oil prices has affected the industry, he believes the oil and gas potential in Mexico will continue to attract all kinds of investments.
“The opportunities in Mexico are extensive and will extend over many years, if not decades,” he said. “Oil is a commodity and like any commodity, prices fluctuate considerably. Worldwide demand is increasing. We are in this, as the oil companies are, for the long term.”
Mayer Brown is currently working to fulfill the different legal and regulatory requirements to make the Mexico City office happen in the near term. The potential new office will focus on serving clients operating and investing in the oil, gas and power industries.
Should the firm be successful in opening the office, firm leaders say Mendez will play a key role in advising clients on how to invest in Mexico.
Mendez has significant experience in the negotiation and drafting of oil and gas contracts and has also handled energy-related matters in Argentina, Chile, Brazil, Uruguay, Peru, Colombia, Ecuador, Venezuela and Guyana.
“Working as an in-house counsel has given me the opportunity to learn how to better support the business needs from a legal perspective,” he said. “Understanding the business is essential.”
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