Tragosa Charters Seven Tidewater Vessels For Offshore Mexico

Tidewater Marine Service, Inc., Post Office Box 19264, New Orleans, La. 70179, will charter seven vessels to Tragosa (a Mexican marine company), which equipment is to be used in the extensive offshore drilling program recently announced by Pemex, Mexico's national oil company.

The seven-vessel package includes four large towing-supply vessels, one 180-foot supply vessel, and two crewboats. The vessels will be working off both the east and west coasts of Mexico, in the Gulf of Campeche and off Baja California.

A spokesman for the New Orleans- based firm said several vessels are already in the area working and the others are en route from various parts of the world including the Gulf of Suez, the North Sea and U.S. Gulf of Mexico.

He said the vessels will be working under long-term contracts, and that the company hopes to participate in the anticipated expansion of activities offshore Mexico and Central and South America.

In March of this year, it was announced that Pemex would explore over 3,000 square miles in the Gulf of Campeche in an attempt to establish offshore extensions of the enormously prolific Chiapas/Tabasco fields which now produce over 50 percent of Mexico's oil, although oil was only first discovered there in 1972. In contrast to the relatively shallow Gulf of Campeche where several fields have already been developed as extensions of onshore fields, exploration off the west coast will take place in frontier areas and in comparatively deep water.

Other stories from July 15, 1977 issue

Content

Maritime Reporter

First published in 1881 Maritime Reporter is the world's largest audited circulation publication serving the global maritime industry.