US$8 Billion Mexican Oil Refinery
04.05.2019 By Ricardo Perez - NEWS

April 5, 2019 [KHL Group] – Mexico’s state-owned oil company, Pemex, has invited bids for the construction of its new US$8 billion oil refinery near the port of Dos Bocas, Mexico.

 

The country has invited interest from multiple international companies including three US firms, Bechtel, Jacobs and KBR. Bechtel will bid as part of a consortium with Italian company Techint; Jacobs Engineering will bid in conjunction with Australia-based WorleyParsons; and US-based engineering firm KBR will also bid.

The project will include 17 processing plants, 93 storage tanks and other associated infrastructure. Mexican officials said that design and construction is expected to take about three years, though other experts have said that projects of this type often take five to ten years to complete.

The facility will remain the property of Mexico’s national oil company Pemex, becoming its seventh domestic refinery. Mexico’s President, Andres Manuel Lopez Obrador, said, “The companies we are calling upon for the Dos Bocas refinery are the best in the world. We will be efficient and at the same time avoid corruption.

—————-

Access Today TankTerminals.com New Database

Australia's Woodside Energy Makes Liz Westcott Its Permanent CEO
03.23.2026 - NEWS
March 23, 2026 [Reuters]- Australia’s Woodside Energy on Wednesday named Liz ​Westcott as... Read More
US Lends Oil Companies 45.2 Mln Barrels from Reserve, First Batch of Iran War
03.23.2026 - NEWS
March 23, 2026 [Reuters]- The Trump administration said on Friday it ​has lent 45.2 million bar... Read More
China's Sinopec Posts 36.8% Drop in 2025 Net Profit on Weak Petrochemical Margins, New Energy Substitution
03.23.2026 - NEWS
March 23, 2026 [Reuters]- China Petroleum & Chemical Corp , known as Sinopec, reported a 36.8... Read More
Saudi Aramco Cuts Oil Supply to Asia for Second Month in April
03.23.2026 - NEWS
March 23, 2026 [Reuters]- Saudi Aramco, the world’s top oil exporter, has cut crude supply ... Read More