Pemex Awards Deep-Sea Contract

Pemex awards deep-sea contract

 

 

 

 

 

 

 

 

Lakach deal: Emilio Lozoya Austin-led Pemex hands out contract

 11 March 2013 10:32 GMT

Pemex has dished out a contract to oversea one of the Mexican state oil giant’s natural gas deep-water plays.

Petrofac of the UK and France’s Doris Engineering have landed the project management contract involving the Lakach project north-west of Coatzacoalcos in Veracruz state.

The pair will provide assistance and supervision for the construction, installation, commissioning, testing and start-up of the wells and infrastructure.

The contract, the value of which has not been disclosed, also encompasses drilling activities and tie-ins to the existing onshore facilities. It should be completed towards the end of 2015.

The 270-million barrels of oil equivalent Lakach field, whidch was discovered in 2006 in 968 metres of water, will be developed as a subsea tie-back with pipelines running to a processing plant on shore.

The infrastructure put in place for Lakach will also be used for the company to incorporate newly-discovered reservoirs offshore.

The initial field development concept calls for vertical and horizontal wells, and includes two pipelines to shore plus an onshore processing plant with capacity for 500 million cubic feet per day.

The Lakach development is expected to see peak handling capacity of 600 MMcfd. Production may start around 2015.

 

Original link found at: Pemex awards deep-sea contract - Courtesy of Upstream Online