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Coastal Contracts banks on Mexico

COASTAL Contracts Bhd’s foray into Mexico is bearing fruit. In February last year, the oil and gas (O&G) outfit bagged its first onshore gas sweetening plant in Mexico, known as the Perdiz Plant, via its 50% joint venture Coastoil Dynamic SA de CV (CDSA) for the Ixachi gas field from Pemex the state-owned petroleum company worth RM258.7 million. The project includes engineering, procurement and construction (EPC) of a plant with a capacity of 80 million standard cu ft per day (MMSCFD), as well as 32 months of operation and maintenance contract.

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