MOSCOW (MRC) -- Petroleos Mexicanos disclosed the results of the bidding process for the rehabilitation and commissioning works to be carried out on the H-Oil Plant located in the Miguel Hidalgo refinery in Tula, in the state of Hidalgo, according to Hydrocarbonprocessing.
This project will increase the production of ultra-low sulphur gasoline, in compliance with environmental regulations in effect, and the handling of crude oil for production of other fuels, such as diesel and jet fuel.
Nine consortiums participated in this procedure, and it was the corporate partnership formed by SAIPEM S.P.A/SAIMEXICANA S.A. de C.V that made the most favorable bid, with technical and financial conditions agreeable to Pemex, for an amount of 779.11 million pesos, 9 percent lower than the bid that placed second.
SAIPEM is a world leader in drilling, engineering, construction and assembly services for industrial plants, as well as in the management and execution of integrated on-shore and offshore projects.
As MRC informed previously, Mexican national oil company Pemex is currently processing about 9 percent more crude oil at its domestic refineries than it did in 2017, said Chief Executive Officer Carlos Trevino in April 2018.
Pemex, Mexican Petroleum, is a Mexican state-owned petroleum company. Pemex has a total asset worth of USD415.75 billion, and is the world's second largest non-publicly listed company by total market value, and Latin America's second largest enterprise by annual revenue as of 2009. Company produces such polymers, as polyethylene (PE), polypropylene (PP), polystyrene (PS).
MRC