# TSC-led consortium wins $163.8M order from Pemex for oil rig modernization

TSC Manufacturing and Supply LLC, a subsidiary of CM Energy Tech, received the first order under a $163.8 million contract from Pemex for modernization and O&M services on seven land drilling rigs in Mexico. The contract includes equipment supply, maintenance, and operation services through 2025.

- Type: Contract
- Announced: 2023-12-11
- Where: Mexico, Mexico
- Value: $163.8M
- Status: announced
- Products: land drilling rig modernization, control and drive systems, drilling cabins, top drives, catwalks
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md)

## Companies

- [TSC Manufacturing and Supply](https://endata.com/companies/74328.md)
- [Andrews Technologies Inc.](https://endata.com/companies/74329.md) (partner)
- [CM Energy Tech Co., Ltd.](https://endata.com/companies/74338.md) (investor)
- [Petróleos Mexicanos (PEMEX)](https://endata.com/companies/74339.md) (customer)
- [Andrews Technologies de Mexico S.A de C.V.](https://endata.com/companies/74340.md) (partner)

## Sources

- [prnewswire.com](https://www.prnewswire.com/news-releases/cm-energy-led-consortium-won-us163-8-million-order-for-oil-rig-moderation-and-om-services-in-mexico-302011014.html), 2023-12-11: "This is the first of a series of orders under the bid won earlier by TSC."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.