Keppel O&M signs Mexican MOU

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 (Peme…