Baker Botts Upbeat on Brazil, Mexico

Brazil's hydrocarbon reserves will continue to attract major investments to the country, Baker Botts says. (Photo: Petrobras)

John White and Carlos Solé, Co-Chairs of the Latin America Practice at Baker Botts.

Latin America’s growing oil and gas business boosts Baker Botts.


US-based Baker Botts is seeing continued strong demand in Brazil while also seeing increased interest in Mexico as a result of the country’s historic energy reforms.

“I think it will be another positive year,” says John White, co-chair of Baker Botts’ Latin America practice and the partner-in-charge of the firm’s new office in Rio de Janeiro, which opened in August.

Despite the image of Brazil has a “fallen star” among many foreign investors – mainly due to lackluster economic growth in recent years – White is overall upbeat on the country, both because of the recent oil field auctions and other factors.

“I think the sentiment remains positive,” he says. “There’s no doubt that ...

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Keywords: Argentina, Brazil, CFE, Chile, Costa Rica, Ecuador, Honduras, ICE, Mexico, Pemex, Petrobras, Peru LNG, Uruguay, Venezuela

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