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 volume 14, issue #15 - Tuesday, November 03, 2009

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Pemex to boost power supplies to largest oil field

03-09-09 Petroleos Mexicanos will spend about $ 120 mm to increase electricity supplies to its biggest oil field, Pemex said.
Pemex awarded the contract to build a power station and underwater cables to local company Demar Instaladora y Constructora. The power station will supply seven drilling platforms.

Demar beat other bidders such as Mexico's Carso Infraestructura y Construccion, or Cicsa. Local units of Siemens and General Electric also registered as bidders.
Ku-Maloon-Zaap turned out 797,000 bpd on average during the first seven months of this year, surpassing Cantarell as Mexico's biggest producer.

Mexican oil production has fallen nearly 25 % since peaking in 2004, and Pemex has increased investments in oil exploration and production to help compensate for plummeting output at Cantarell.

Source: http://www.latinpetroleum.com



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