This press release from Mexico's Secretariat of Energy was published using an automatic translation system.

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The Mexican Petroleum Institute (IMP) collaborates in 44 projects Conacyt-Sener-Hydrocarbons, whose allocated resources exceed 9 thousand 500 million pesos and involving almost 6 thousand researchers, specialists and workers in the sector, said Secretary of Energy Pedro Joaquin Coldwell.

In the ceremony of the 53 Anniversary of the IMP, he highlighted that through projects financed by the sector funds Conacyt-Sener, a thousand 331 million dollars were allocated for research and development of talent, with 3 thousand 286 scholarship holders studying some postgraduate in national or international institutions .

The head of the Ministry of Energy recalled that 52 percent of the country's conventional prospective resources are in deep water, so the Institute, through the Technology Center for Deepwater (CTAP), will be the technological arm to address the risks of working in the oil and gas provinces of the deep Gulf. He stressed that this center by itself represents a total investment of more than 2 thousand 400 million pesos.

The IMP is a reference in terms of the generation of intellectual property; in the last twelve months alone he registered 58 patents, filed 24 patent applications and was granted 202 Copyright and obtained 21 Registered Trademarks. In this way, it accumulates 376 patents granted in force; 297 valid trademarks and 3 thousand 396 copyright registries, obtained mainly in the last 10 years, said Joaquín Coldwell.

During his participation, the general director of Petróleos Mexicanos, Carlos Alberto Treviño Medina, assured that, with the contribution of the Mexican Petroleum Institute, the state productive company will consolidate the route to reach its complete productive and financial viability.

Treviño Medina affirmed that Pemex is, at present, a great company, that contributes resources, development and knowledge that enhance the development of the country.

Profitability has always been the guide of our work, doing more with less, and that is allowing us to leave a more solid Pemex, in the correct route to reach its complete productive and financial viability, assured Treviño Medina.

For his part, the general director of the Mexican Petroleum Institute, Ernesto Rios Patrón, said that over the course of 53 years and through its capabilities and technological solutions, the institution has sought to support the country's energy sustainability, through innovative responses and to be a reliable ally, evolving permanently to meet the changing needs of the industry.

He commented that the IMP will continue to strengthen its position with the regulatory bodies and the various operators of the hydrocarbon sector, particularly with Petróleos Mexicanos, along the value chain, from the exploration and production of hydrocarbons to their processing and transportation.

All the lines of action of the IMP, explained Ríos Patrón, have been aimed at achieving viability and financial sustainability and as an example of this, the CTAP and the projects that have obtained the support of the sectoral funds Conacyt-Sener-Hidrocarburos , which in the period of 2015-2018, allowed the IMP to obtain 15 projects for an amount of around $ 2,243 million and additionally, it was awarded a direct assignment for a project for an amount of $ 597 million.

Likewise, during the ceremony, the IMP 2018 Annual Awards were presented in the following categories: Research, Industrial Application, Distinguished Career and Human Resources Training.

Present at the ceremony were the Undersecretary of Planning and Energy Transition, Leonardo Beltrán Rodríguez, the President Commissioner of the National Hydrocarbons Commission, Juan Carlos Zepeda Molina, the President Commissioner of the Energy Regulatory Commission, Guillermo García Alcocer; the executive director of the Safety, Energy and Environment Agency, Carlos de Regules Ruiz-Funes, and officials of the energy sector.