Infrastructure

Infrastructure

Petrofac wins contract for offshore oil area

ShareCast - Oil and gas services firm Petrofac said it had won a contract to develop the Arenque contract area, offshore Mexico. The Arenque field is currently producing around 5,000 barrels per day.

www.sharecast.com/cgi-bin/sharecast/story.cgi

Diver keeps Mexico City's sewage flowing

EFE - Julio Cesar Cu Camara has turned his diving hobby into an extreme job, keeping Mexico City's vast sewerage system flowing for 29 years. The sewers are Cu Camara's workplace, a world of hundreds of kilometers of pipes and pumps.

latino.foxnews.com/latino/news/2012/08/23/diver-keeps-mexico-city-sewage-flowing/

Campesinos win victory in fight against Parota dam

World War 4 Report - After nearly 10 years of struggle, Mexican campesinos fighting to protect their lands from the planned La Parota hydro-dam on the Río Papagayo won a victory with the Aug. 16 signing of the "Cacahuatepec Accords."
www.ww4report.com/node/11421

Mexico moving ahead with $8 billion pipeline expansion

Chron.com - Mexico is pressing ahead with an $8 billion expansion of the country's 5,500-mile natural gas pipeline system, focusing on central and northern industrial cities. it intends to fuel that network with U.S. natural gas.

www.chron.com/news/houston-texas/article/Multibillion-dollar-pipeline-expansion-in-Mexico-3799810.php

MVS says spectrum recovery an act of "revenge"

EFE - The Mexican government's decision to recover spectrum in the high-frequency 2.5-GHz band was an act of "revenge" for MVS Comunicaciones' decision to rehire a newscaster, CEO Joaquin Vargas said, adding that the firm will challenge the move in court.

latino.foxnews.com/latino/politics/2012/08/16/mexico-mvs-says-spectrum-recovery-act-revenge/

Mexico to re-auction spectrum in 40MHz chunks

Reuters - The Mexican government plans to re-auction the coveted 2.5 GHz band in chunks of 40 MHz to allow a broader number of companies to take part in the process, Deputy Communications Minister Hector Olavarria told Milenio newspaper.

in.reuters.com/article/2012/08/14/mexico-telecoms-idINL2E8JE4SO20120814

Maersk to build $900 million Lazaro Cardenas terminal

Reuters - APM Terminals, the ports arm of Danish oil and shipping group A.P. Moller-Maersk, said it would develop a new specialized container terminal at the Port of Lazaro Cardenas with a total investment cost of over $900 million.

in.reuters.com/article/2012/08/01/maersk-mexico-port-idINWEA862320120801

New 32-story office tower opens on Paseo de la Reforma

Business Wire - New York Life announced that its wholly-owned Mexican subsidiary, Seguros Monterrey New York Life, celebrated the official opening of the New York Life Tower, a 32-story tower on the Paseo de la Reforma.

www.marketwatch.com/story/new-york-life-tower-unveiled-in-downtown-mexico-city-2012-07-31

Spain's Acciona sells interest in Mexico project

EFE - Spanish construction and energy company Acciona said it reached an agreement to sell its interest in Mexico's Concesionaria Politecnica de San Luis to Macquarie Mexican Infrastructure Fund, or MMIF, for 38 million euros ($46.7 million).

latino.foxnews.com/latino/news/2012/07/31/spain-acciona-sells-interest-in-mexico-project/

Pemex to grant Arenque contract in three weeks

Reuters - Mexican state oil monopoly Pemex plans to directly assign the rights to drill its offshore Arenque oil field to a private contractor sometime in the next three weeks. Last month's auction failed to award the Arenque field.

in.reuters.com/article/2012/07/30/mexico-oil-idINL2E8IUCYR20120730

Syndicate content