IMODCO Receives Third Contract From PEMEX In Two-Month Period
Three contracts over a twomonth period, totaling approximately $9.5 million, have been received by IMODCO, 10960 Wilshire Boulevard, Los Angeles, Calif. 90024, a unit of AMCA International Corporation, from PEMEX, the Mexican state-controlled oil company, reflecting the rapidly expanding petroleum development program in that country as well as a close working r e l a t i o n s h i p between the two companies.
A just-concluded contract is for a 12.5 meter (about 41 feet) in diameter Single Point Mooring terminal to be sited offshore Dos Bocas in the Gulf of Campeche. This Single Point Mooring buoy will service vessels up to 250,000 dwt.
The offshore terminal will be capable of safely withstanding wind velocities up to 100 knots and maximum wave heights up to 28 feet. It is scheduled for delivery next spring.
An earlier contract, calling for the supply of a 12.5-meter SPM with a two-grade Multiple Product Distribution Unit, to accommodate tankers up to 150,000 dwt, was received from PEMEX for installation late this summer offshore Rabon Grande, near Coatzacoalcos in the Gulf of Campeche.
In July, IMODCO also received a contract from PEMEX for the engineering and construction of an 11-meter (about 36-foot) SPM, with a three-grade MPDU, to be located two miles offshore Mazatlan on Mexico's west coast to accommodate vessels of up to 60,000 dwt.
IMODCO is a pioneer and one of the world leaders in the development of offshore marine terminals, largely utilized for the transfer of crude oil and petroleum products.