Killajoules

McDermott Awarded EPCI and Commissioning of PEMEX Production Platform
McDermott International, Inc. (NYSE: MDR) (“McDermott” or the “Company”) announced today that one of its subsidiaries has received a letter of award for a turnkey contract for the PB-Litoral-A production platform for PEMEX Exploracion y Produccion in the Litoral Tabasco Tsimin-Xux fields. The value is approximately US$230 million and will be included in McDermott's fourth quarter 2012 backlog.

Subsea 7 awarded $140 million contract offshore Mexico
Subsea 7 S.A. (Oslo Børs: SUBC) today announced an award to its Mexican joint venture from Pemex valued at approximately $140 million. The contract comprises the engineering, fabrication and installation of a 16km pipe, two slug catchers and two cantilever structures for the Line 60 Project in the Bay of Campeche. This contract is the first award to the joint venture.

November PEMEX oil production highest in the past 19 months
In November, Pemex oil production reached higher crude the last 19 months, registering an average volume of two million 577 thousand barrels a day, as a result of the diversification of the portfolio of production projects.

Keppel expands foothold in Mexican offshore market with two jackup orders worth US$420 million
Keppel FELS, a wholly-owned subsidiary of Keppel Offshore & Marine Ltd (Keppel O&M), has won a contract from PEMEX Exploracion y Produccion, a subsidiary of Mexico's national oil company, Petroleos Mexicanos (PEMEX), to build two KFELS B Class jackup rigs worth US$420 million.

PEMEX discovers new oil field in southern Mexico
The President, Felipe Calderon, announced today the largest onshore oil discovery in the last ten years: the well Navigator 1, in the geological province of the Southeast basin.

PEMEX announces new oil discovery in deepwater
The President, Felipe Calderon, announced a new oil discovery in the deepwater Gulf of Mexico, confirmed the presence of light oil in the well Supremus-1, located in the province of Lost, like the well Trion-1, announced on August 27.

Pemex Refining celebrates two service contracts for the new refinery in Tula
Pemex Refining companies held with Axens North America, Inc. and Jacobs Nederland BV service contracts for the execution of the process design packages, licenses and technical assistance from diesel hydrotreater plants and sulfur recovery, respectively, for new refinery in Tula, Hidalgo.

Fire at Gas Receiver Center on Reynosa-Monterrey highway
Today at 10:45 am showed a fire in the receiving of Gas and Condensates of Pemex Exploration and Production located at kilometer 19 of the Reynosa-Monterrey highway. In this installation the gas comes from the region of Burgos and the product is delivered to Pemex Gas and Basic Petrochemicals.

Pemex chooses Bechtel for refinery technology
Mexico's state-owned oil company Petroleos Mexicanos, or Pemex, said Friday it had signed a contract with Bechtel Hydrocarbon Technology Solutions Inc., or BHTS, for technical assistance and the licensing of refinery technologies for a new refinery Pemex is building in the central Mexican city of Tula, Hidalgo.

Geophysical & Geotechnical contract awards Mexico
Fugro (Mexico) in conjunction with long-time associates, Constructora Subacuatica Diavaz, S.A. de C.V., has been awarded a large offshore multi-site high resolution geophysical and geotechnical survey by Mexico's national oil company PEMEX. Overall value of the contracts is estimated to be approximately EUR 50 million. Activity is scheduled to start late September 2012 and will continue through to August 2013.