Nov
26
MEXICO CITY – Mexican state-owned oil giant Petroleos Mexicanos (Pemex) said Tuesday that its purchase of a 51 percent stake in Spanish shipyard Barreras strengthens the agreement signed with the government of the northwestern Spanish region of Galicia last year to form a strategic alliance for shipbuilding.
The agreement signed Tuesday in Mexico City for the purchase of the interest in the shipbuilder “is a joint effort aimed at jump-starting the shipbuilding industry in Spain,” Pemex said in a statement.
The deal opens the way for the “development of capabilities in the medium term for the construction of specialized ships in Mexico, allowing the petroleum industry, among others, to benefit from the technological development of the Galician shipbuilding sector,” Pemex said.
The contract “bolsters the cooperation agreement signed by Pemex and Galicia’s Xunta (regional government) in May 2012, whose purpose is to create a strategic alliance in the shipbuilding area,” the Mexican energy company said.
Pemex Internacional (PMI) is working with Barreras and public shipyard Navantia on the “awarding of contracts for food and housing services in support of the two flotels,” Pemex said.
PMI signed contracts worth $190 million each on Sept. 19, 2012, for the construction of two floating hotels at the shipyards in the Galician cities of Ferrol and Vigo.
The international auction process, however, has been delayed several times, with Dec. 30 now looking like the date on which the winner of the bidding will be announced.
Barreras CEO Jose Garcia Costas, PMI executive Jose Manuel Carrera and Pemex executive Carlos Roa took part in the signing ceremony at Pemex headquarters in Mexico City.
Galician Economy and Industry Minister Francisco Conde Lopez was present at the event, Pemex said.
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