McDermott International, Inc has been awarded a USD 454M contract from PEMEX Exploracion y Produccion for engineering, procurement, construction & installation (EPCI) for the Abkatun-A2 platform.
McDermott will provide a vertically integrated, turnkey EPCI solution to build and commission the platform and associated structures utilizing its project management and engineering team in Mexico. The Abkatun-A2 platform is McDermott’s largest project in size and total value to-date for PEMEX. The platform will be located in Mexico’s Bay of Campeche in 124 feet of water and will provide replacement and expansion capabilities to the existing Ku-Maloob-Zaap, Cantarell and Ayatsil facilities.
McDermott will manufacture structures for the Abkatun-A2 project at the Altamira, Mexico fabrication facility. The yard is strategically positioned as a free trade zone and provides fabrication services for the Gulf of Mexico and Americas. McDermott is expected to utilize the Derrick Barge 50 and the Intermac 650, the world’s second largest float-over installation vessel.
Engineering and procurement activities will commence immediately with fabrication scheduled to begin in late 2016 followed by offshore activities in 2018. Handover to Pemex is scheduled for Q4 2018.