Petrofac awards Valerus compression services contract for mature field in Mexico
HOUSTON -- Valerus has been awarded a contract from Petrofac to provide contract compression services for two mature onshore fields in Mexico. Petrofac was selected by Pemex to develop the Magallanes and Santuario blocks in Tabasco state, to increase production through the reactivation and development of both blocks that have been operated by Pemex since the early 1960s.
Valerus will provide approximately 10,000 hp of compression as well as ongoing maintenance and operations services for the project. Work is expected to begin in December 2012 with all compression equipment installed by March 2013. The contract award for ongoing maintenance and operations services is for two years.
Valerus has worked in Mexico since 2004, installing and operating over 150,000 hp of compression facilities in addition to providing production equipment, processing and treating, and operations and maintenance services in the country. “Valerus has a track record of experience in Mexico as well as superior safety and quality capabilities for gas processing and treating,” said Patricia Martinez, vice president of Latin America for Valerus. “We look forward to working with Petrofac on this important project.”