Bids due in to Pemex for Litoral A's hub platform

Mexico's President-elect Enrique Pena Nieto meets with the foreign press in Mexico City July 2, 2012.

Incoming: Mexican President-elect Enrique Pena Nieto

Mexican state oil company Pemex is set to receive bids from three contractors vying to land a contract worth more than $500 million to fabricate a major new hub platform for its Litoral A complex in the Bay of Campeche.

Industry sources said Dragados Offshore of Spain, US-based McDermott and Mexican-owned Cisca are preparing to battle it out to build the major production platform designed to handle about 200,000 barrels per day of oil.

The PB-Litoral-A platform will be the crown-jewel in a new offshore complex designed to exploit a number of recent discoveries.

Pemex needs to monetise about 1.5 billion barrels of oil it has discovered in the Bay of Campeche shallow water.

Bids for the platform — which will be located in just over 26 metres of water — will be submitted…

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