PMI to Construct Two Hotel Ships for PEP

PEMEX Exploración y Producción (PEP) has chosen its subsidiary PMI for the construction of 2 hotel ships. PMI proposal is based on the offer by Navantia and Barreras shipyard.

Navantia has been selected for its technological capabilities for building any kind of ship, as well as for the competitive economic offer. The construction of the ship will bring to Navantia more than 1 million hours of work, which means activity for 30 months.

The hotel ship, that will be built in Ferrol Estuary facilities, is a ship for the accommodation of personnel working on the oil platforms. It is designed to accommodate 700 people and has a dynamic positioning capability.

[mappress]

Pemex, January 29, 2014