Key Energy to provide specialized workover services to Pemex.
TradingMarkets, September 5, 2008 - “Key Energy Services has announced that its Mexican subsidiary, Key Energy Services de Mexico, has been awarded a 24-month contract valued at $68 million by Petroleos Mexicanos to provide field production solutions and well workover products and services. The new project will cover Petroleos Mexicanos’s (Pemex) north region assets and will initially focus on oil wells in the Poza Rica-Altamira and Cerro Azul assets. Under the terms of the contract, Key Energy will initially provide four well service rigs outfitted with its proprietary KeyView system and will install five KeyView systems on Pemex-owned well service rigs.” Read more.
