This presentation provides an operator-focused assessment of offshore Mexico, examining both the opportunities and execution realities across shallow water, mature fields, and emerging deepwater developments. The discussion will address how regulatory evolution, policy direction, and contractual frameworks influence project delivery, investment decisions, and supply chain performance. With Pemex playing a central role as national operator, the presentation will explore how joint venture structures, payment risk, and interface management shape execution outcomes alongside international operators and service providers. Attendees will gain practical insights into permitting, logistics, local content requirements, and recent project lessons learned. The presentation will also compare Mexico’s competitiveness with other offshore basins in the Americas, highlighting conditions required to improve investment attractiveness and execution certainty. The focus is on real-world experience to support more informed project selection and development strategies.