McDermott lands subsea tieback deal with Pemex
- Business & Finance
McDermott has been awarded a sizeable contract award by Pemex for subsea pipeline flowline installation in support of its Ayatsil field, located 50 miles northwest of Ciudad del Carmen in the Bay of Campeche offshore Mexico.
McDermott defines a sizeable contract as between $1 million and $50 million.
The company said on Tuesday that the scope of work includes design and detailed engineering, procurement, construction and installation of two subsea pipelines.
The first line (L1) is a 24 inch diameter, approximately 1.9 miles (3.2 kilometers) length natural gas pipeline that will connect the PP-Ayatsil-C and PP-Ayatsil-A platforms.
The second line (L10) is an 8 inch, approximately .9 of a mile (1.5 kilometers) in length oil pipeline that connects to the PP-Ayatsil-C platform.
“This award follows on the proven track record we have had in Mexico with Pemex – including the fabrication and installation of the Ayatsil-C platform and the fabrication and future installation of Abkatun,” said Richard Heo, McDermott’s Senior Vice President for North, Central and South America.
McDermott’s operating center in Mexico City will perform project management and engineering. Offshore installation is scheduled to be completed in early 2019.