Technip was awarded by Petróleos Mexicanos (PEMEX) two subsea contracts in the Bay of Campeche, Mexico, worth a total amount of $133 million (EUR 105 million).
The contracts scope includes:
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 stated: "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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