Category Archives: Mexico
Officially known as the United Mexican States.
Emilio Lozoya Austin, CEO of Mexico’s state-controlled oil company PEMEX, has visited Keppel Fels shipyard in Singapore, where the company’s two jack-up rigs are under construction, said PEMEX in a press release issued on Wednesday.
The rigs, of KFELS B Class jackup design, are scheduled for delivery in 2015. The two jack-ups, able to operate in water depths of up to 400 feet and drill to depths of 30,000 feet, will be deployed in the shallow waters of the Gulf of Mexico.
During his visit, Lozoya Austin said that PEMEX is undergoing the most ambitious drilling program in decades. He said that the Mexican oil company is working to become an oil company with the world’s highest number of jack-up rigs in operation.
Lozoya Austin also added that, as a part of Pemex’s rig fleet expansion program, eight to twelve new offshore jack-up rigs will be constructed. Pemex currently operates 41 offshore drilling rigs, five of which are semi-submersibles and 36 of those are jack-ups.
The head of PEMEX, the world’s fourth-largest crude producer at 2.5 million barrels per day, also visited the Jurong shipyard SembCorp and SembCorp PPL.
- Keppel Expands Foothold in Mexican Offshore Market with Two Jackup Orders Worth US$420 Million (maritime-executive.com)
- Seadrill’s West Pegasus Sets Deepwater Drilling Record Off Mexico (gcaptain.com)
- McDermott announces $230 million deal with Pemex (fuelfix.com)
- Mexico’s Leftist Party Plans Campaign to Protect State-Owned Pemex (hispanicallyspeakingnews.com)
It concerns the AKAL field project; 3 subsea pipelines of 24” dia to connect 4 platforms, located in the Gulf of Mexico, approx. 90 km north east of Ciudad Del Carmen.
The EPCI project comprises the extension of topsides of the 4 platforms with process equipment and associated piping, fire & gas, electrical and control systems. Furthermore the infrastructure between the AKAL platforms will be generated by installation of a number of subsea pipelines, pig launchers / receivers, spools and risers, including pressure testing and trenching.
This is the first offshore project to be executed for Pemex by Tradeco / Sea Trucks. To support the project, new fabrication facilities and quay side areas in Ciudad del Carmen have been acquired by Tradeco, from which facilities fabrication and transportation of materials, tugs, barges etc. will be dealt with.
Sea Trucks will mobilize its DP3 pipelay construction vessel, Jascon 34, for the project. The offshore campaign will take place during Q1 and Q2 2013.
Fraser Moore, Group Managing Director, commented: “Sea Trucks is delighted to set sail for this new market and we look forward to a successful cooperation with Tradeco on our first project for Pemex in Mexico”.
- Norwegian DOF Subsea Wins Contract with Kystverket (worldmaritimenews.com)
- UH to offer first subsea engineering program (fuelfix.com)
Under the Technology License Agreement, BP will make available technical information that PEMEX E&P, one of four subsidiaries of PEMEX, can use, in addition to PEMEX E&P initiatives already in place, if it decides to build and maintain its own well capping system for use in Mexican waters of the Gulf of Mexico.
In addition, BP has agreed to conduct workshops in Houston to brief PEMEX E&P on the technical information and operational aspects of the system, as well as to introduce PEMEX E&P specialists to key vendors and fabricators that BP used to develop its global deepwater well cap and tooling package.
“The agreement marks another step forward in PEMEX E&P’s ongoing efforts to help protect the rich Gulf of Mexico environment in which we operate, as well as to apply state-of-the-art technology as we develop Mexico’s deepwater oil and natural gas resources,” said Carlos Morales, president of PEMEX Exploration and Production.
Richard Morrison, BP’s Head of Global Deepwater Response, said the agreement underscores BP’s commitment to sharing lessons learned during and following the 2010 Deepwater Horizon accident and response.
“Today’s announcement builds on our commitment and the work we have done — and continue to do — to help advance global deepwater response capabilities around the world,” he said.
“We are pleased to provide PEMEX E&P with access to our recent technological innovation and information so that operators in both the USA and Mexico areas of the Gulf of Mexico can be equipped to respond to a subsea well control incident in the Gulf of Mexico.”
BP’s global deepwater well cap is a 100-ton stack of valves that can be lowered onto a leaking well to halt the flow. The system can operate in 10,000 feet of water and is rated to pressures of 15,000 pounds per square inch. Stored in Houston, it can be sent by heavy-lift aircraft to any country where BP operates in a matter of days.
Under the Technology License Agreement, BP will share at no cost to PEMEX E&P technical information on BP’s capping stack, and PEMEX E&P has agreed to make any future advancements to this well-capping technology available at no cost to BP. BP will retain intellectual property rights, so it can continue to share the plans with others.
BP, which has had a presence in Mexico for around 50 years, has collaborated with PEMEX E&P through a variety of non-commercial technology, scientific and training mutual cooperation agreements over the last decade. Those have resulted in hundreds of workshops, seminars and exchanges to share best practices and technological expertise.
- Pemex Signs Deal to Use BP’s Well-Capping Technology in Gulf (ibtimes.com)
- Mexico Announces New Significant Crude Oil Discovery in Gulf of Mexico (hispanicallyspeakingnews.com)
Cal Dive International, Inc. announced that it has recently commenced a two-year charter of the DP saturation diving vessel Kestrel to a major contractor in Mexico to perform repair and maintenance work for Pemex.
The charter started in mid-October and has a fixed term of two years with an additional one-year option. The charter is expected to result in EBITDA of approximately $10 million per year during the two-year charter term. The vessel is expected to generate approximately break-even EBITDA in 2012.
In addition, Cal Dive has been awarded three saturation diving contracts in Australia. Two of the projects will utilize one of Cal Dive’s portable saturation diving systems while the third contract will be performed from a third party vessel utilizing a built in saturation diving system. These three contracts are expected to generate total revenue of approximately $20 million during 2013 and the first project is expected to commence in the first quarter 2013.
Quinn Hébert, President and Chief Executive Officer of Cal Dive, stated, “We are pleased to announce the saturation diving contracts in Australia and the charter of the Kestrel in Mexico. Both awards demonstrate the continued execution of our strategy to geographically diversify outside the U.S. Gulf of Mexico. The charter of the Kestrel is also consistent with our strategy to commit certain assets to long-term contracts that improve visibility. The charter is of additional significance due to the EBITDA improvement it will generate in 2013.”
Cal Dive International, Inc., headquartered in Houston, Texas, is a marine contractor that provides an integrated offshore construction solution to its customers, including manned diving, pipelay and pipe burial, platform installation and platform salvage services to the offshore oil and natural gas industry on the Gulf of Mexico OCS, Northeastern U.S., Latin America, Southeast Asia, China, Australia, the Middle East, West Africa and the Mediterranean, with a diversified fleet of surface and saturation diving support vessels and construction barges.
McDermott International, Inc. has been awarded contracts to refurbish and undertake rig repair work at the McDermott Altamira fabrication facility in Tamaulipas, Mexico.
The two jack-up rigs are the Friede & Goldman L-780 Mod II design and will undergo significant improvement work to re-instate them to ABS classification. This will include steel hull, piping, machinery, and electrical renewal, as well as blasting, painting and commissioning support. Work is scheduled to begin in the last quarter of 2012.
McDermott’s Altamira fabrication facility offers an ideal location to accommodate rigs and semi-submersible hulls with its expansive 1,640-foot quayside, water depth of 41 feet and less than three nautical miles tow distance to the deepwater Gulf of Mexico.
Months of rumors have ended with authorities confirming the discovery of a large oil reserve in the Gulf of Mexico near Matamoros.
Mexican President Felipe Calderon made the announcement Friday morning.
A deep sea oil well in Gulf of Mexico located just 24 miles off the coast but some 155 miles south of Matamoros struck “black gold.”
Mexico’s national oil company PEMEX confirms that exploration at the site began back in June 2011.
The site is now expected to yield crude oil generating both jobs and income.
Located at about 9,500 feet deep, the site is expected to be Mexico’s deepest underwater drilling site and the eighth deepest in the world.
Once it’s up and running, PEMEX officials estimate the site will produce about 10,000 barrels of oil per day.
PEMEX officials believe the deep sea drilling site could yield a total of 125 million barrels of oil over its lifetime.
The Friday announcement is the second discovery is the new oil reserves found in two month’s time in the Gulf of Mexico.
PEMEX crews continue to explore the Gulf of Mexico in search of even more.