Singapore firm to construct shipyard in Mexico for PEMEX

Posted on October 5, 2013 • Filed under: Mexico, Oil

EFE.com reported that Mexican state oil monopoly Petroleos Mexicanos said Friday it signed an agreement with Singapore’s Keppel Offshore & Marine to jointly build and operate a shipyard in the northeastern Mexican town of Altamira.Some 4,000 jobs will be created and there will be an initial economic benefit of $150 million,” Pemex said in a statement. Read Article

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