McDermott announces $230 million deal with Pemex

Houston-based McDermott International said Monday it had been awarded a $230 million contract to design and build a production platform for Mexico’s state-owned Pemex.

The contract covers engineering, procurement, construction and installation for the platform in the Gulf of Mexico’s Litoral Tabasco Tsimin-Xux fields, according to the company, which said the work will be included in its fourth-quarter 2012 backlog.

McDermott’s offices in Houston and Chennai, India expect to begin engineering work early this year, with fabrication planned for  the company’s plant in Altamira, Mexico. At the peak, more than 550 craft personnel are expected to be engaged on the project.

“This project reaffirms our Altamira, Mexico fabrication facility as a key player for both domestic and international offshore construction projects,” Steven W. Roll, vice president and general manager for McDermott’s Atlantic region, said in a statement. “Our investments in Altamira are beginning to show dividends as we continue to grow the facility.”

The project is expected to be completed in the second quarter of 2015.

McDermott said it will also provide training to Pemex personnel for operation and maintenance of the 8,300-ton platform once it is commissioned.