Mexico's state oil company Pemex has awarded ICA Fluor Daniel and Linde Process Plants the contract to build a new cryogenic plant at its Poza Rica gas-processing complex (CPG).
In March, the group submitted the sole offer for the project which will process 200Mf3/d (5.66Mm3/d) of natural gas.
The offer included a unit price bid for 707mn pesos (US$54.7mn) and a fixed price bid of US$214mn, Pemex said in a statement.
Construction is due to begin August 17 and take 720 days to complete.
The project will help deal with increasing supply of sweet, wet gas from Chicontepec, Pemex said. The plant will recover propane, butane and natural gasoline from associated natural gas.
The project falls under Pemex gas and basic petrochemicals subsidiary PGPB's 2009 investment program.