Mexico is about to embark on long-term plans to drill for oil in deep
waters in the Gulf of Mexico. Critics warn that Pemex, Mexico’s
state-owned oil monopoly and a newcomer to deepwater drilling, is not
experienced enough to prevent a disaster like Deepwater Horizon from
happening on its rigs and platforms. Carlos Morales, the head of
Pemex’s exploration and production division, contends that Pemex is
ready and prepared to go deep. He granted World Report exclusive,
first-ever access to Mexico’s deepwater drilling operations. World
Report correspondent Greg Dobbs investigates.
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