Pemex to Award $5 Billion for 50 Offshore Oil Platforms
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Petroleos Mexicanos, Latin America’s largest oil producer, plans to award contracts worth $5 billion in the next two years to build 50 platforms to boost output in the Bay of Campeche in the Gulf of Mexico.
The platforms will be used at developments such as Ayatsil and Tsimin, Carlos Morales, head of production and exploration at Pemex, said today in an interview in Buenos Aires. They may be built domestically, Morales said.