How a Mexican tycoon secured $230M in no-bid Pemex contracts
Juan Carlos Guerrero Rojas has built a significant business presence in Mexico's oil, gas, and real estate sectors. His most prominent connection is with Petroservicios Integrales México, a company holding lucrative contracts with state-owned oil firm Pemex. Recent records show he remains a key shareholder alongside Héctor Peralta Grappin.
Guerrero Rojas became a shareholder of Petroservicios Integrales México in 2020. The firm has secured two major contracts with Pemex, both awarded without competitive bidding. The first, signed in November 2019, covered well intervention services for 1.998 billion pesos and ended in December 2024. A second contract, finalised in November 2023, is worth 2.119 billion pesos and runs until December 2026. Together, these deals total 4.117 billion pesos (around $230 million USD).
Despite the contracts, Pemex owes Petroservicios Integrales México 563 million pesos (about $31.5 million USD) since early 2024. Beyond this company, Guerrero Rojas holds stakes in at least 18 firms across oil, gas, and real estate. His network includes Inmobiliaria de la Chontalpa Grupo Rogue, Graro Inmobiliaria, Oil Industry Logistics, and Grupo Energético de la Chontalpa. Other linked businesses are Servicios Chocogas and Mexicana: Smart Solutions for the Petroleum Industry.
No public records connect Guerrero Rojas to companies outside the oil and gas sector.
Petroservicios Integrales México remains Guerrero Rojas's most closely tied enterprise, with two long-term Pemex contracts. His business interests span multiple industries, but all identified links stay within energy and property. The outstanding debt from Pemex highlights ongoing financial ties between his firms and the state-owned company.
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