MEXICO CITY, April 7 (Reuters) - Mexico's state-controlled oil company Pemex and U.S. private equity firm First Reserve have signed a cooperation agreement worth up to $1 billion to develop energy infrastructure, transportation and processing projects, Pemex said on Tuesday.
Last month, First Reserve and BlackRock Inc took a joint stake worth about $900 million in the second phase of Mexican pipeline project Los Ramones.
A Pemex spokesman said the deal made public on Tuesday was separate from the one announced last month.
(Reporting by Joanna Zuckerman Bernstein; Editing by Dave Graham)
Copyright 2016 Thomson Reuters. Click for Restrictions.
WHAT DO YOU THINK?
Click on the button below to add a comment.
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.
Most Popular Articles
From the Career Center
Jobs that may interest you