Pemex signs agreements with GDF and Total
Pemex signed two memorandums of understanding (MOUs) with the French energy companies Total and GDF Suez in order to promote technological cooperation and exchange of experiences in different fields.
The agreements were signed at the official residence of Los Pinos, in the presence of the presidents of Mexico and France, Enrique Peña Nieto and François Hollande, the director general of Pemex, Emilio Lozoya Austin. By GDF Suez chairman Gerard did Mestrallet, and Total, Christophe de Margerie.
Specifically, the MOU with GDF lays the foundation for the development of technical cooperation projects aimed at protecting the environment and supporting the fight against climate change and sustainability through energy efficiency measures, cogeneration, water treatment and reduction of emissions of greenhouse gases.
Also, both parties will work together in integrated infrastructure for the treatment and transportation of natural gas as well as liquefaction and regasification plants.
In turn, the memorandum with the oil company Total will share technologies related to exploration and production, especially in deep water, as well as industrial safety and occupational health activities. Similarly, promote actions for the development of local economies.
Pemex and Total agreed to evaluate future business options in unconventional fields such as shale gas and share best practices in refining processes, sulfur recovery, cleaner fuels and reconfiguration of industrial processes. They also agreed to exchange knowledge and experience between universities and Total Pemex.