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.


Our Privacy Pledge

Most Popular Articles

From the Career Center
Jobs that may interest you
Production Engineer
Expertise: Production Engineering
Location: Houston, TX
Senior Client / Program Manager
Expertise: Geologist|Reservoir Engineering
Location: Seattle, WA
Senior Sales Representative - Oil and Gas
Expertise: Corrosion Engineering|Petroleum Engineering|Sales
Location: Harvey, LA
search for more jobs

Brent Crude Oil : $50.79/BBL 1.30%
Light Crude Oil : $49.96/BBL 1.10%
Natural Gas : $2.77/MMBtu 2.12%
Updated in last 24 hours