U.S. EXIMBANK APPROVES LOAN GUARANTEES FOR PEMEX DRILLING

The U.S. Export-Import Bank has signed two loan guarantees to support sale of $379.2 million in U.S. offshore oil equipment and services to Mexican state petroleum company Petroleos Mexicanos. A $235.3 million guarantee will be used to finance drilling services, oil field services, and heavy marine construction for an undisclosed oil field delineation program in the Gulf of Campeche off Mexico. And a $113.1 million guarantee will be used to finance U.S. oil services and equipment for the

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