Technip Scores Double Subsea Gig in Mexico

French based oilfield services provider Technip has been awarded two subsea contracts in the Bay of Campeche, Mexico, worth a total amount of €105 million (USD 133 million) by the Mexico’s state owned oil company PEMEX.

The contracts scope includes the procurement and construction of two 16’’ rigid pipelines (9.2 and 8.6 kilometers) for the first project. Furthermore it includes the development of engineering, procurement and construction of a 24’’ gas rigid pipeline (17 kilometers) for the second project.

Technip´s operating center in Ciudad del Carmen, Mexico, will execute both contracts, which are scheduled to be completed at the end of 2012.

Emiliano Pescador, Technip’s Country Manager in Mexico commented “These two projects represent a significant milestone for Technip´s long term strategy in Mexico and its recent acquisition of Global Industries as they will utilize several of Global Industries’ assets. The contracts strengthen both our commitment to Mexico and our relationship with PEMEX.”

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Offshore Energy Today Staff, May 23, 2012