June 11 (Reuters) - Initial engineering design work for
developing Mexico's Zama offshore oil project has been awarded
to French engineering and project management firm DORIS Group,
one of the partners in the development said.
The deepwater Zama field, which is estimated to hold up to
735 million barrels of oil, will require two offshore platforms,
connections and a new onshore facility. The partners in the
project are Mexico's state oil company Pemex, Wintershall Dea,
Talos Energy ( TALO ) and Harbour Energy ( PMOIF ).
Talos Chief Executive Tim Duncan had told investors in a
conference call in February that some of the engineering design
work was taking longer than planned, but the company was happy
with the direction it was taking.
"Zama is currently one of the most important energy projects
in Mexico, and we are very pleased to have reached the next
milestone", Martin Jungbluth, managing director of Wintershall
Dea in Mexico, said in a release on Monday.
The Zama partners plan to soon tender the engineering,
procurement and construction contracts, followed by a final
investment decision, whose date was not disclosed.
The DORIS contract covers planning for the two offshore
platforms, 68 kilometers of pipelines and cables, and onshore
facility at the Dos Bocas terminal in the Southeastern state of
Tabasco.
DORIS will collaborate with the two Mexican engineering
companies, Nomarna and Summum, to carry out the front end
engineering design (FEED) work. The value of the contract was
not disclosed.
Mexico's oil regulator earlier this year approved budget
changes to the flagship project, to be operated by Pemex, which
cut planned expenses to under $70 million this year, from more
than $1.24 billion.
Talos, which in 2017 discovered Zama's oil deposits, had
wanted to operate the deepwater Gulf of Mexico project, but
Mexico's authorities gave Pemex the right to be the operator.