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GE Signs $84 Million Agreement with PEMEX for Deepwater Exploration Projects in the Gulf of ...

2013-06-05 06:00:00| Industrial Newsroom - All News for Today

CIUDAD DEL CARMEN, CAMPECHE &mdash; GE Oil & Gas (NYSE: GE) has signed an $84 million agreement with PEMEX Exploration and Production to supply and to install subsea wellheads for PEMEX's deepwater and ultra-deepwater drilling projects in the Gulf of Mexico. This marks GE's largest agreement with PEMEX for the supply of subsea high capacity wellheads.<br /> <br /> The Gulf of Mexico is a strategic zone for the hydrocarbon industry, since it is estimated to hold more than 50 percent of Mexico's ...This story is related to the following:Wellheads |

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