Chinese jack-up gas platform to export to Mexico

A Chinese firm will export a domestically developed gas compression jack-up platform to Mexico in early September.

With a daily gas compression capacity of 200 million cubic feet, the "Agosto 12" gas rig will go to the Cantarrel oilfield in the Gulf of Mexico, where it will be operated by a consortium of Mexican enterprises, said its developer Yantai CIMC Raffles Offshore Limited on Sunday.

Employing cutting-edge reinjection technology, the platform offers better performance in keeping the field's pressure stable and cutting emission of toxic gases, the company said.

It is scheduled to start operation before the end of this year and remain in service for at least 25 years.

Liu Yanjia, vice president of the company, said the export of the gas rig would not only cater to the urgent demand of Mexican companies, but also benefit Chinese companies' future participation in the region's oil and gas extraction.