PARIS – Petróleos Mexicanos (Pemex) has signed two subsea pipeline contracts for Technip to work in the Gulf of Mexico.
The contracts, with a total value of €105 million ($133 million) cover the following:
1. Procurement and construction of two 16-in rigid pipelines of 9.2 km (5.7 mi) and 8.6 km (5.3 mi), respectively
2. Development of engineering, procurement, and construction of a 24-in rigid gas pipeline 17 km (10.5 mi) long.
Technip´s operating center in Ciudad del Carmen, Mexico, will execute both contracts, which are scheduled to be completed at the end of 2012.