Talos Energy LLC a Global Giant in the Exploration of Oil and Gas

Mexico for decades had banned foreign companies from exploring oil and gas in the Mexican water. The ban has however been lifted due to the dwindling fortunes in the Oil and Gas industry. Mexico has not been fully exploiting its natural resources to the fullest for the last 80 years, and as a result, the Oil and Gas sector has been ailing for years. The Mexican Parliament voted unanimously on a bill that will allow privately owned foreign companies to drill oil in Mexico. Oil and gas exploration in Mexico was nationalized by the government in the year 1938. The only company that was allowed to exploit oil and gas resources was the state-owned company Petroleos Mexicanos. Ever since no privately owned foreign company has ever been allowed to drill oil in the Mexican Waters.

In a historical Move three, privately owned companies won the prospective rights to explore and drill oil in Mexican waters. The three companies are Mexico’s Sierra Oil & Gas who are the largest shareholders owning 45 % of shares; the law requires that the largest stakeholder in such a venture should be a Mexican company. Sierras is followed by Talos Energy LLC with a 35% stake in the joint venture and is the Well operators. Premier Oil Plc is the other privately owned company in the exploration deal and holds a 25% stake.

ZAMA-1 well which is situated in the Surest Basin is the place where the exploration is going to take place and is estimated to hold between 100 million and 500 million barrels of crude oil. The drilling and exploration exercise is expected to take three months and is going to cost about 16 million dollars.

Being the first exploration to happen in 80 years it will be keenly watched by industry players in Mexico and globally. Researchers have projected a high chance of success since the basin is well structured.

About Talos Energy LLC

Talos Energy is a privately owned Oil and Gas firm that focuses on the exploration, exploitation, and drilling of oil and gas in areas, especially around the Gulf Coast. The company is headquartered in Houston Texas. Talos is renowned globally for having the best and most efficient state of the art equipment for drilling and exploring oil and gas.

Read More : www.talosenergyllc.com/about-us/

Meet Omar Yunes: Best Franchisee of the World 2015

Omar Yunes has placed Mexican as the best franchisee in the world. In his contribution to Sushi Itto, Yunes won the Best Franchisee of the World (BFW) competition that was held in Florence city, Italy on December 5. At just the age of 21, Yunes became a franchisee of a Japanese food chain which has seen him own 13 franchised units in Mexico City, Puebla, and Veracruz.

What is BFW?

BFW is a worldwide event where franchisees of different franchise brands are recognized and awarded for their efforts according to specific criteria. The event brings together best franchisees of leading brands in the market and recognizes their contribution to the enrichment of those brands. Yunes represented Mexico in his franchise of Sushi Itto, describing the case “The professionalization of the role of the franchisee.” Coming second was Ivan Tamer, franchisee of Prendamex with the case “Implementation of the alternative system for the control and sale of articles.”

The 2015 BFW edition represented 34 countries. Among them were Hungary, Italy, Mexico, France, and Brazil. Only eight finalists were selected. The franchisee was evaluated on the following basis:
• How much the franchisee has influenced the growth of its network
• Its knowledge contribution
• Amount of savings it has implemented
• Employee motivation
• How much invoices and improvements the franchisee has proposed to the model

The BFW competition’s objective is to reward teamwork, leadership, innovation, and enhance continuous improvements in the franchise operation. Additionally, the competition is set to motivate the franchisees, promote their business concepts and gauge their attitude and commitment to the franchises.

What contributed to Yunes’ success?

Yunes, through Diego Elizarrarras, organizer of BFW Mexico, noted that Yunes took the first place because he acted as a significant factor in establishing the franchising-franchisee relationships. That helped Sushi Itto to have better management of information and implement control boards that helped have more precise measurements in individual units. Benjamin Cancelmo, CEO of Sushi Itto, recognized the award as a manifestation to offer their clients excellent service, unique flavor, and unmatched hospitality.

According to Elizarraras, the award takes Mexican franchises from just regional affairs to high places at the international level. The award speaks of a significant sector of the economy that has established itself at the global standards.

Read More : https://www.change.org/p/pgr-c%C3%A1rcel-a-miguel-%C3%A1ngel-yunes-linares-y-a-omar-yunes-m%C3%A1rquez/c