Keppel O&M signs Mexican MOU
It will jointly develop, own and operate a yard facility with Pemex Exploracion y Produccion and PMI Norteamérica
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Singapore
KEPPEL Offshore & Marine (Keppel O&M) has signed a Memorandum of Understanding (MOU) with two Mexican oil majors, to jointly develop, own and operate a yard facility there.
The Singapore rig builder yesterday inked the agreement with Pemex Exploracion y Produccion (PEP) and PMI Norteamérica, SA de CV (PMI), both subsidiaries of Mexico's national oil company and the world's fifth-largest crude oil producer, Petroleos Mexicanos (Pemex). During the first phase, Keppel O&M will support the construction of six KFELS B class jackup drilling rigs for PEP.
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