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Pemex’s Dos Bocas Refinery Wins Third Place at IPMA 2025 in Berlin

Pemex presents the prize as validation of Dos Bocas’ role in Mexico’s refining strategy.

Overview

  • The International Project Management Association recognized Refinería Olmeca in the megaproj­ects category with a third‑place finish.
  • Organizers reported 152 entries with 17 semifinalists and 3 finalists, with Alstom taking first and CNOOC second.
  • Pemex says the plant is uniquely designed within Mexico’s system to process 100% Maya crude of about 22° API.
  • The company cites a $16.816 billion investment, 340,000 barrels per day of capacity, and more than 44,000 direct jobs built with all‑Mexican labor.
  • The refinery produces ultra‑low‑sulfur fuels and a “Diésel Ecológico” that Pemex says supplies the Yucatán Peninsula and the Tren Maya.