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Pemex Contract

OIS Tapped for Diamond Voyager Upgrade Project

Diamond Offshore Drilling, Inc. has selected Mobile based Offshore-Inland Marine & Oilfield Services (OIS) to perform upgrades and modifications to the Ocean Voyager. The rig recently arrived at Mobile Middle Bay Port for upgrade work related to the Voyagers’ upcoming Pemex contract period. The scheduled work items the following: Fabrication and installation of high-pressure mud piping, Fabrication and installation of four new, Potable Water Tanks and pumping system, Under-deck blasting/painting, Helideck blasting/painting/marking, Accommodations refurbishment, Installation of a Mud Gas Separator, Fabrication and installation related to a, 12-man accommodation unit, Fabrication and installation related to AC, generator house, Fabrication and installation of a wire, spooling platform, Installation of a water maker system, Installation of an Omnipure system, Installation of two Flare Booms, Installation of a deep well caisson, Installation of a 3rd Mud Pump, Vessels Five-Year Survey. This project is being accomplished utilizing the fabrication and dockside facilities at Mobile Middle Bay Port located in Mobile, Alabama. The work is expected to continue for 45 days.

DeepOcean Awarded LOI for a 5 Year

DeepOcean awarded LOI for a 5 year contract for Arbol Grande worth MNOK 500 DeepOcean ASA has received a confirmation that the subsea construction company Constructora Subacuática Diavaz in Mexico has been awarded a letter of intent from Pemex for a 5 year inspection, maintenance and repair contract in the Gulf of Mexico, which is based on the DeepOcean vessel MPSV Arbol Grande. The contract value for DeepOcean is approximately NOK 500 million

Round Zero Makes Pemex Major Player

Mexican regulators opens  its acreage to private participation

  Mexican regulators on Wednesday granted Pemex the bulk of its acreage request as the nation's oil industry opens to private participation, consolidating the state-led company's status as a major force despite losing its monopoly status. Meanwhile, the country's initial Round One acreage offering will include a range of opportunities including shale, deep-water, shallow-water, heavy oil and the nation's Chicontepec area.

BP Shares Deepwater Well-capping Expertise

Under the Technology License Agreement, BP will make available technical information that PEMEX E&P can use. Petroleos Mexicanos Exploration and Production (PEMEX E&P) and BP's agreement is for the latter to share the technical information it used to build its own global deepwater well-capping equipment. Under the Technology License Agreement, BP will make available technical information that PEMEX E&P, one of four subsidiaries of PEMEX, can use

GE Oil & Gas Sign GofM Deepwater Contracts

GE Oil & Gas has signed an $84-million agreement with PEMEX Exploration and Production to supply and install subsea wellheads for PEMEX’s deepwater and ultra-deepwater drilling projects in the Gulf of Mexico. The Gulf of Mexico is a strategic zone for the hydrocarbon industry, since it is estimated to hold more than 50 percent of Mexico’s potential or prospective resources. However, such reserves are located in deepwater and ultra-deepwater sites

Mexico's Lower House Pass Energy Reform Bills

  Committees in Mexico's lower house on Saturday approved laws fleshing out a landmark energy reform that seeks to drive private investment into the long-shuttered sector. The so-called secondary laws, which detail the implementation of the constitutional energy reform passed last year, will head to the floor of the lower house, where lawmakers will debate them beginning on Monday. If they are fully approved in the lower house

Pemex Repsol Stake Sale Would Not Be Bad Idea

Mexican Finance Minister Luis Videgaray

  Mexico's finance minister said on Thursday that if state oil giant Pemex opted to sell its 9.3 percent stake in Spanish peer Repsol, it would "not be a bad decision" because the money could be invested in Mexico. In an interview with Mexican radio, Finance Minister Luis Videgaray said Pemex's board would take the decision on whether to sell the stake in Repsol. "Irrespective of what the board decides

Keppel AmFELS Delivers Third Rig to Perforadora Central

Keppel AmFELS_Papaloapan.JPG

Keppel AmFELS LLC, a wholly owned U.S. subsidiary of Keppel Offshore & Marine Ltd (Keppel O&M), has delivered the jackup rig, Papaloapan, to Mexico’s Perforadora Central SA de CV (Perforadora Central) on time, within budget and with a perfect safety record. The rig was christened at Keppel AmFELS’ yard in Brownsville, Texas by Lady Sponsor, Mrs. Gabriela Jiménez de Alvarez Morphy, wife of Mr. Luis Alvarez Morphy Camou, Director of Perforadora Central.

Keppel to Operate Mexican Yard with PEMEX

Keppel Offshore & Marine (Keppel O&M) has strengthened its foothold in the offshore and marine industry in Mexico with the signing of an MOU (memorandum of understanding) with PEMEX Exploracion y Produccion (PEP) and P.M.I. Norteamérica, S.A. de C.V. (PMI), both subsidiaries of Mexico's national oil company, Petroleos Mexicanos (PEMEX). The MOU is to jointly develop, own and operate a yard facility in Mexico

J. Ray Completes PEMEX Maloob-C

Houston-based J. Ray McDermott recently bid farewell to the Maloob-C drilling platform, built under a contract for PEMEX Exploración y Producción, Northeast Marine Region. The project is located in the Ku-Maloob-Zaap field in the Bay of Campeche, Mexico, in 264 feet of water.  “This was the first project for our fabrication facility at Altamira, Mexico,” said John Nesser, J. Ray’s Executive Vice President and Chief Operating Officer

Sea Trucks Awarded Contract in Mexico

Jascon 31 (Photo: Sea Trucks Group)

Sea Trucks Group has secured a charter for the Jascon 31 from Permaducto S.A. de C.V. (Protexa) for the provision of Accommodation and Heavy Lift services in the Gulf of Mexico. Sea Trucks will provide accommodation and lifting services in support of repair works at Pemex Line 221 at the

Fire on Pemex Tanker in Gulf of Mexico

A fire broke out on an oil tanker of Mexican state oil company Pemex in the Gulf of Mexico on Saturday, forcing all the crew to be evacuated in the latest accident to plague the struggling firm. The blaze on the tanker "Burgos" occurred off the coast of Boca del Rio in Veracruz state

Exxon, Total, Chevron in Talks With Pemex on Gulf

Photo: Petróleos Mexicanos (Pemex)

 Oil majors are in talks with Mexico’s state-owned Petroleos Mexicanos (Pemex) as the struggling state-run oil producer seeks partners to develop deepwater crude in the Gulf of Mexico, reports Bloomberg.   Petroleos Mexicanos is in talks with Exxon Mobil Corp

Pemex Boosts Crude Shipments to Japan

Mexico's state-run oil company Pemex will increase crude exports to Japan in the coming months after selling several spot cargoes to customers including Cosmo Oil, JX Holdings and TonenGeneral, according to a company source and Thomson Reuters trade flows data.  

Mexico Aims to Spur Deep Water Oil Projects

Oil companies operating in Mexico's deep waters must use national suppliers for 8 percent of the projects by 2025, the government said on Tuesday, a relatively low rate meant to encourage foreign and private firms to bid on contracts. Mexico's oil regulator has scheduled its first-ever deep water

Another 2 Keppel FELS Rigs for Mexico

Image Courtesy Keppel FELS

Keppel FELS Limited (Keppel FELS), a wholly owned subsidiary of Keppel Offshore & Marine Ltd (Keppel O&M), has delivered two jackup rigs to Mexican company, Grupo R. Built to Keppel's proprietary KFELS B Class design, the rigs, CANTARELL I and CANTARELL II, will be chartered to PEMEX

Oil Majors Pay Mexico Regulator $80 Mln for Deepwater Data

Oil companies have paid Mexico's oil regulator nearly $80 million for seismic data ahead of an auction for deep water fields, suggesting robust interest in the tender despite a lasting slump in the price of crude.   Thirteen companies, including Exxon Mobil, BP and BHP Billiton

Pemex Sets up Credit Lines to Pay Suppliers

Juan Pablo Newman (Photo: Pemex)

State-run oil company Pemex said on Tuesday it had set up lines of credit with Mexico's development banks to improve liquidity and start paying back billions of dollars in debt to suppliers, as the firm seeks to repair finances hit by a rout in crude prices.  

IOCs Stress on OSV Fuel Management Performance

Enginei screen Photo Royston

Growing insistence by international oil companies (IOCs) that oilfield contract vessels (OSVs) are fitted with fuel monitoring systems has prompted an upsurge in interest in marine engine monitoring systems. Diesel power specialist Royston reports that it is equipping a growing number of

Three Dead on Pemex Platform, Fire Under Control

File photo: Abkatun A Permanente, where a fire claimed seven lives in April last year (Photo: Pemex)

Three workers were killed and at least seven injured when a fire broke out on a Pemex oil processing platform in the Gulf of Mexico, but the latest in a string of incidents is now under control, the Mexican oil giant said via Twitter on Sunday.

Mexico Closes Gulf Oil Port as Cold Front Sweeps In

Mexico's Gulf port of Coatzacoalcos in the state of Veracruz was closed on Friday due to 82 kilometer-per-hour winds spurred by a cold front, port authorities said in a Tweet on Friday.   Almost all of Mexican oil giant Pemex's crude exports are shipped from the ports of Dos Bocas

EMGS' Vessels Utilization Drops

BOA Thalassa

Electromagnetic Geoservices ASA (EMGS) releases information on vessel activity and utilisation 4-5 working days after the close of each quarter. The Company defines "vessel utilisation" as the percentage of the vessel charter period spent on contracted or multi-client data acquisition

Pemex Extends Fugro Campaign

Fugro Synergy (Photo: Fugro)

Mexican national oil company, Pemex, has awarded a further extension to Fugro’s contract to support its exploration drilling activities in the Bay of Campeche.   The contract extension is valued at approximately $20 million and the workscope includes geophysical and geotechnical field

Hurricane Patricia Threatens Mexico

Photo: NOAA

Hurricane Patricia strengthened into one of the most powerful storms in history on Friday as it barreled toward Mexico's Pacific Coast, forcing resort hotels to evacuate tourists and residents to stockpile supplies. The U.S. National Hurricane Center said the Category 5 storm was the strongest

Mexico Shuts Key Cargo Ports as Hurricane Patricia Nears

 Mexico shut its key cargo ports of Puerto Vallarta and Manzanillo on Friday as one of the most powerful storms in history, Hurricane Patricia, approached, port officials said on Friday. Manzanillo is Mexico's busiest port for cargo.

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