Carbures has signed an engineering contract with the Servicios Múltiples de Burgos consortium for the modernization and improvement of the Mission field facilities and for the optimization of the oil and gas extraction and transportation processes for an amount of US$1.2 million.

According to La sociedad al Mercado Alternativo Bursátil (MAB), the consortium is made up, among other companies, of the Argentine oil company Tecpetrol and the Mexican company Grupo R.

The company has also reported that it has extended its contract with the Mexican oil company Pemex by US$2.6 million.

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