Pemex lays keel for new flotel

Galicia yard: Mexican President Enrique Pena Nieto held talks with officials regarding cooperation

Pemex said construction has kicked off for an accommodation platform at a Spanish shipyard, a facility purchased last year to help meet a ramping demand for vessels in Mexico's oil and gas sector.

Commercial subsidiary PMI in January was awarded the contract for two newbuild units with an estimated low bid of $314 million.

Executives held a keel-laying ceremony at the Hijos de J Barreras shipyard in Vigo, a city in Spain's Galicia region.

The vessel, designed to house 700 workers, is 130 metres long and 27 metres wide.

It is due to be delivered in July 2016, when its 10-year lease kicks off with Pemex Exploration & Production.

First steel for the unit was cut in February with engineering and procurement continuing apace since.

Pemex has been increasing its investment in yards in Mexico and abroad as part of a strategy to secure the marine infrastructure it needs to support growth in offshore oil production.

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