PEMEX picks McDermott for Ayatsil-C jacket fabrication, installation

June 4, 2015
PEMEX has awarded McDermott International Inc. (NYSE:MDR) a contract for the engineering, procurement, construction, installation, and pre-commissioning of the Ayatsil-C replacement jacket and associated deck installation.

Offshore staff

HOUSTONPEMEX has awarded McDermott International Inc. (NYSE:MDR) a contract for the engineering, procurement, construction, installation, and pre-commissioning of the Ayatsil-C replacement jacket and associated deck installation.

McDermott expects to use in-house engineering and procurement, the Altamira fabrication yard in Mexico, and theIntermac 600 transportation and launch barge and heavy-lift Derrick Barge 50 to complete the installation. The total weight of the facilities is approximately 14,800 tons. Completion is scheduled for 4Q 2016.

In the Bay of Campeche, the Ayatsil field is the largest discovery for PEMEX to date. PEMEX has said it plans to develop Ayatsil with as many as four platforms and adjacent Tekel heavy-oil field with one platform, all tied to an FPSO. It plans to drill 43 wells in the project. Water depths in the area are approximately 375-405 ft (114-123 m).

This is the fourth contract McDermott has received for theAyatsil field and follows the successful delivery of the Ayatsil-B drilling platform in 2014 and installation of the Ayatsil-A offshore jacket, deck, and piles earlier this year.

06/04/2015