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7/28/2010 - GLOBAL INDUSTRIES INKS $40MM PIPELINE CONTRACT WITH PEMEX
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Global Industries, Ltd. grabbed a project from Petroleos Mexicanos (Pemex) for pipeline work in Pemex's Ku-Maloob-Zaap Field in the Bay of Campeche. The project, worth approximately $40 million, is scheduled to begin in August 2010 and to be completed by the end of March 2011.
Global will install a 24-inch dia., 8-km pipeline at a depth of around 300 FSW (91 MSW) from E-KU-A2 platform to a subsea valve in line 152. The project also includes several pipeline crossings, risers, and expansion curves.
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