Overview
- On July 14 at Palacio Nacional, President Sheinbaum convened with Lorenzo Simonelli to discuss Baker Hughes’ investment portfolio in Mexico.
- Sheinbaum used her X account to affirm that foreign energy companies remain confident in Mexico’s regulatory and business environment.
- Energy Secretary Luz Elena González Escobar joined the meeting to underscore government support for energy infrastructure modernization.
- Senior Baker Hughes executives—including Robert Pérez, María Claudia Borras and Germán Gómez—attended and outlined the firm’s projects across oil, gas and low-carbon technologies.
- While no new contracts were announced, both sides emphasized the importance of sustained U.S.–Mexico partnerships in the energy sector.