Cal Dive awarded two additional Pemex contracts totaling $188M Cal Dive has been awarded two additional contracts from Pemex Exploración y Producción for the procurement, installation and commissioning of subsea pipelines that are expected to generate combined total revenues of approximately $188M. The first contract is expected to generate revenues of approximately $129M. The offshore construction is expected to commence in Q3 with a portion of the work expected to be performed during Q1 2014. The second contract is expected to generate revenues of approximately $59M and is expected to commence in Q4 and is expected to be completed by the end of Q2 2014.
Subscribe for More Information