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Latin America Headlines

Mexico: Penspen Awarded Pemex Contract

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Engineering firm Penspen has been awarded a two-year contract to develop and manage Pemex’s pipelines and terminals, with work expected to begin as soon as later this month. The contract will see the firm look after the oil major’s transmission, gathering and onshore pipelines, its storage and maritime terminals, as well as providing training relating to the company’s risk assessments and evaluations.

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Mexico: Pemex Votes to Approve 5-Year Plan

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The board of Mexico’s state producer Pemex has voted to give the go ahead to a proposed five-year plan for the company that will see it expand its international business. The plan, which will serve as an outline for the direction of the company between 2013 and 2017, will include downstream investments north of the Mexico-United States border. 
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