Oil Institute to Increase R&D Activities for Pemex in 2006

The Mexican oil institute (IMP) expects to increase to 36% the proportion of its technological research and development activities linked to state oil company Pemex's operations in 2006, up from 12.9% at present, an IMP spokesperson told BNamericas.

IMP contributes to Pemex's R&D activities as well as to developing products and services to add value to the company's commercial and strategic activities, the official said.

Last year, IMP started working for Pemex's exploration and production unit (PEP) to identify problems and opportunities in the unit's operations, provide specialized personnel and gather technological information, the spokesperson said.

IMP is the most important R&D center for the Mexican oil industry as well as for the chemical and petrochemical industries.

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