Fugro Secures Pemex Services Contract Extension

Mexican national oil company, Pemex, has awarded Fugro a services contract extension to support its exploration drilling activities in the Bay of Campeche, worth approximately $20 million.
 
The contract work-scope includes geophysical and geotechnical field operations, laboratory testing and geoconsulting activities. The field program commences in December from the ultra-deepwater geotechnical and well services vessel Fugro Synergy, while the geoconsulting program will continue through 2016.

Commenting on the contract extension, Fugro stated in a company release:

“This contract extension represents a continuation of Fugro’s long-standing and successful working relationship with Pemex and reinforces Fugro’s global market leadership and status as preferred service provider for geotechnical and geophysical services and geoconsultancy.”



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Chris ogbonna | Dec. 28, 2015
My thought is is for them to maximise production from existing wells via aggressive well surveillance to release locked-in potential from existing wells.


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