Fire Breaks Out Near Pemex Offshore Platform

Fire Breaks Out Near Pemex Offshore Platform
The fire has been controlled and no injuries reported, according to an unnamed source.

(Bloomberg) -- A fire has broken out near Pemex’s Ku Maloob Zaap offshore platform complex after a submarine pipeline valve broke, leaking oil into the country’s Gulf Coast.

A video posted on social media showed three ships trying to suffocate a fire emerging from the sea, very close to an offshore platform. A Pemex representative didn’t respond to a request for comment or confirm the video footage.

The fire has been controlled and no injuries reported, according to a person with knowledge of the situation, who asked not to be named because they aren’t allowed to comment publicly.

#ULTIMAHORA | Explota línea submarina de #Pemex en la Plataforma KuSierra de 78 metros de profundidad. El accidente mantiene un incendio sobre la superficie, no se reportan lesionados. Tres barcos han apoyado para sofocar las llamas. Pemex no ha emitido ningún tipo de comunicado. pic.twitter.com/Yt5KRlo4o9

— Televisa Veracruz (@televertv) July 2, 2021

Ku Maloob Zaap is one of Pemex’s most productive cluster of oil fields, accounting for over 700,000 barrels of oil equivalent a day, or roughly 40% of the company’s total output, according to data from the Energy Ministry.

Production has been declining at Ku Maloob Zaap as fields mature and Pemex lacks resources to invest in new extraction technologies. Pemex has seen output fall every year for a decade and a half and has the largest debt of any oil major, at almost $114 billion.

© 2021 Bloomberg L.P.



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