Category Archives: Mexico

Officially known as the United Mexican States.

CGG to Acquire Large Seismic Survey for Pemex in Gulf of Mexico

CGG announced that it has been selected to acquire a large high-end seismic acquisition survey in the Mexican waters of the Gulf of Mexico on behalf of Pemex.

The survey is phase 5 in Pemex’s Centauro program, the largest ever proprietary 3D wide-azimuth program to be conducted worldwide. Phase 5 will add another 6,850 km2 of data to the existing 25,000 km2 already acquired since Centauro began in Oct 2010, bringing the total volume to almost 32,000 km2.

The survey will be acquired by the Oceanic Vega and Oceanic Sirius, CGG’s two state-of-the-art 20-streamer vessels. The project is expected to commence in mid-November and be completed in March 2014.

Antonio Escalera, VP, Exploration, Pemex, said: “Since Pemex took the innovative step of adopting wide-azimuth acquisition in 2010, this technology has consistently demonstrated its reliability at delivering superior illumination and imaging to help explore Mexico’s deep water hydrocarbon resources.”

Jean-Georges Malcor, CEO, CGG said: “This fifth phase of the Centauro program testifies to the successful long-term exploration partnership CGG has developed with Pemex in the Gulf of Mexico. We will continue to work closely with Pemex to ensure this new wide-azimuth survey meets their E&P objectives.”

Press Release, November 07, 2013

Source

Mexico: Pemex Awards Cal Dive $188 Mln Worth of Offshore Contracts

Cal Dive International, Inc.  has been awarded two additional contracts from Pemex Exploración y Producción that are expected to generate combined total revenues of approximately $188 million.

The first contract is for the procurement, installation and commissioning of 47 kilometers of 20 inch subsea pipeline and associated tie-ins to an existing platform. This contract is expected to generate revenues of approximately $129 million and will utilize two of the Company’s vessels as well as a third party vessel. The offshore construction is expected to commence in the third quarter 2013 with a portion of the work expected to be performed during the first quarter 2014.

The second contract is for the procurement, installation and commissioning of nine kilometers of two medium diameter subsea pipelines and associated tie-ins to existing platforms. This contract is expected to generate revenues of approximately $59 million and will utilize a third party vessel and a Company dive support vessel. The offshore construction for this contract is expected to commence in the fourth quarter 2013 and is expected to be completed by the end of the second quarter 2014. On a combined basis, approximately 50% – 60% of the contracts are expected to be performed during 2013.

Quinn Hébert, Chairman, President and Chief Executive Officer of Cal Dive, stated, “With the $63 million Pemex contract we announced in March, total contract awards with Pemex this year currently stand at $250 million. These awards increase our total Company backlog to over $400 million, our highest level in five years. We believe these awards demonstrate Pemex’s confidence in Cal Dive as a reliable contractor. These recent contract awards not only secure work for the second half of 2013, but also provide significant visibility for the first half of 2014 when our domestic business is historically slow due to the winter work season. Also, we continue to bid for additional work in Mexico that would mostly benefit our 2014 results.”

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 salvage, and light well intervention services to the offshore oil and natural gas industry on the Gulf of Mexico OCS, Northeastern U.S., Latin America, Southeast Asia, China, Australia, West Africa, the Middle East and Europe, with a diversified fleet of surface and saturation dive support vessels and construction barges.

Source

Fairmount Delivers La Muralla IV Rig from South Korea to Mexico

Tug Fairmount Glacier has delivered rig La Muralla IV in Bay of Campeche, Mexico. The rig has been towed from Okpo, South Korea, via Sunda Strait and Cape of Good Hope.

La Muralla IV is a brand new semi-submersible drilling rig for ultra deep water operations, owned by Mexican Grupo R. The rig is constructed by Deawoo Shipbuilding & Marine Engineering in South Korea. La Muralla IV is designed to drill up to depths of 10.000 meters. The rig has a length of 118,6 meters and a width of 96,7 meters.

Fairmount Marine’s Fairmount Glacier hooked-up with the rig at the end of October last year offshore the port of Okpo, South Korea. The convoy sailed via Sunda Strait en Cape of Good Hope towards the Gulf of Mexico, where it arrived at the end of February after covering a distance of over 16,200 miles with an average speed of 6,6 knots.

During the voyage bunker stops were made in Singapore, Mauritius, Walvis Bay and Curacao. At Mauritius the Fairmount Glacier performed several runs between the port and the La Muralla IV to transfer cargo and crew.

Source

%d bloggers like this: