Pemex Awards Local Firm Monclova E&P Works Contract

Mexican state oil company Pemex's E&P unit Pemex Exploracion y Produccion (PEP) has awarded local firm Construcciones Mecanicas Monclova an E&P works contract for the Monclova block in the Burgos basin.

The 4.84bn-peso (US$440mn) contract involves works for development, infrastructure and maintenance of non-associated gas fields, according to Mexico's federal procurement website Compranet.

Works are scheduled to begin in May and will be carried out over 15 years.

Earlier this month, PEP awarded a similar contract to Spain's Cobra for the Nejo block in the Burgos basin and declared the bidding process for the Euro block void.

Pemex did not immediately respond to a BNamericas request asking why the Euro tender was declared void or if bidding would be re-launched.

Visit BNamericas to access our real-time news reports, 10-year archive, Fact File company database, and latest research reports. Click here for a Free two week trial to our Latin America Oil & Gas information service.

Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE


Most Popular Articles


From the Career Center
Jobs that may interest you
Field Specialist
Expertise: Field Development|Field Service Tech
Location: Dickinson, ND
 
Field Technician Intern
Expertise: Field Development
Location: Charlotte, NC
 
United States Rock Springs: Entry Level to Senior Field Engineer - Logging
Expertise: Petroleum Engineering
Location: Rock Springs, WY
 
search for more jobs

Brent Crude Oil : $51.46/BBL 4.63%
Light Crude Oil : $48.9/BBL 4.78%
Natural Gas : $3.18/MMBtu 0.90%
Updated in last 24 hours