Mexico invites three U.S. companies, foreign firms to bid on new refinery

MEXICO CITY - Mexico invited a host of international firms, including three U.S. companies, to bid on the construction of an $8 billion refinery for state oil company Pemex, officials said Monday, as President Andres Manuel Lopez Obrador seeks to fast-track one of his signature projects.

Energy Minister Rocio Nahle said at an event commemorating the 1938 nationalization of Mexico’s oil industry that those invited to submit bids will include two consortia with American companies: U.S.-based Bechtel with Italy’s Techint, and Australia’s WorleyParsons with U.S.-based Jacobs Engineering Group.“The companies we are calling upon for the Dos Bocas refinery are the best in the world,” Lopez Obrador said earlier on Monday prior to unveiling the names of the firms.

Nahle said that the refinery, slated to be built in the Gulf Coast state of Tabasco, has already been granted all required government permits, including for construction. A Mexican regulator, however, fined a contractor in January for clearing protected mangrove from the site without the correct permits.

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