Slim's Carso Acquires TotalEnergies Stake in Gulf of Mexico Oil Field

⚡ AI Executive Summary

Carlos Slim's Grupo Carso has agreed to purchase a 30% stake in an offshore Gulf of Mexico oil field from TotalEnergies, with UK-based Harbour Energy operating the remaining 70%. This transaction represents another strategic addition to Slim's growing portfolio of Mexican oil and gas assets outside state control, following his earlier acquisition of Fieldwood Mexico and a major drilling contract focused on increasing production in key producing regions. The deal underscores a broader shift in Mexico's energy landscape where private operators are stepping in to help reverse declining crude output and stabilize the country's energy sector. Slim's expanding footprint in upstream oil and gas, combined with his stated confidence that Mexico could substantially increase total hydrocarbon production with private sector involvement, signals continued consolidation of non-state oil infrastructure. This trend may reshape Mexico's energy security strategy and the competitive dynamics between state-controlled Pemex and private players seeking to capitalize on production recovery opportunities.