Global Industries' subsidiary, Global Offshore Mexico, S. de R.L. de C.V., has been awarded a project by PEMEX, the national oil company of Mexico. The project is the Ixtal Pipeline Project, which is valued at approximately $40 million. The scope of work includes the trenching, installation, subsea interconnection, and precommissioning of a 24" X 6 km segment of pipeline in PEMEX's Ixtal Field, offshore Dos Bocas, Tabasco. The Global pipelay barge Iroquois and derrick barge Titan II are scheduled to perform the work from July to September.
B.K. Chin, Chairman and Chief Executive Officer, stated: "We appreciate that PEMEX has shown confidence in Global by awarding us this priority pipeline project. This pipeline is critical to maintaining production in Mexico, and we hope to once again meet the high standards that PEMEX places on its Contractors."
For More Information on the Offshore Rig Fleet:
RigLogix can provide the information that you need about the offshore rig fleet, whether you
need utilization and industry trends or detailed reports on future rig contracts. Subscribing
to RigLogix will allow you to access dozens of prebuilt reports and build your own custom reports
using hundreds of available data columns. For more information about a RigLogix subscription,