Goodrich advised Penspen Limited (UK) and GreyStar Corporation (USA) regarding the Pemex Exploration & Production’s Integrity System 1, which is the largest pipeline maintenance project in the history of Mexico’s oil & gas industry. The budget allocation for the 10-years work is US$1.3B. System 1 transports more than 2/3 of the Mexican crude oil. DMGP Servicios de Integridad, a special purpose entity incorporated by our clients together with Constructora Subacuática Diavaz (Mexico) and Mexicana de Servicios Subacuáticos (Mexico) was announced on March 11, 2009 as the winning bidder. David Enríquez (Partner) and Carlos Morán (Associate) were the responsible attorneys handling this major transaction.
Goodrich Riquelme advised on the largest pipeline maintenance project in the history of Mexico’s oil & gas industry.