MEXICO CITY (Dow Jones)
Mexican state oil monopoly Petroleos Mexicanos, or Pemex, said Monday it awarded a $345 million contract for two gasoline-desulfurizing plants to Italian firm Saipem.
In a press release, Pemex said the offer from Saipem to build the plants for its refineries at Tula and Salamanca in central Mexico, was chosen over offers from Samsung and ICA-Fluor, a joint venture between Mexican construction firm Empresas ICA (ICA) and U.S. Fluor Corp. (FLR).
Samsung submitted a bid of $357 million, and ICA-Fluor put in a bid $369 million, Pemex said.
The three companies were invited to submit bids after a tender process for the contract was declared void in May of last year on technical grounds. All three subsequent offers met the technical requirements, Pemex said.
Copyright (c) 2010 Dow Jones & Company, Inc.