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Why Has Cotemar Remained at the Helm of the Oil Industry For Over Three Decades?

Cotemar is a Mexican company specializing in the oil industry. The firm was founded in 1979, and it offers services in construction, renovation, modernization, and maintenance, supporting to maritime operations and accommodation and catering for offshore oilfield development. Since its establishment, the company has consistently propagated its vision of being a sustainable company with remarkable participation in new business opportunities within the oil market on an international scale and getting involved in production processes.

 

Training and Development Programs

 

Employees are one of the most valuable assets at Cotemar. To ensure innovativeness and increased performance, the firm concentrates on empowering their employees. At Cotemar employee skills are strengthened with the aim of improving their skills and ensuring safety at their workplace. The company has also partnered with various international institutes to ensure that their employees get specialized development lessons. Cotemar has also collaborated with various colleges and universities in Mexico to offer internships to their potential employees.

 

 

Cotemar’s History

 

Since its establishment in 1979, Cotemar has strived to become the leading offshore service provider in the oil and gas industry. At establishment, the firm was offering services in two categories: accommodation and catering and specialized vessels. In 1981, Cotemar added specialized vessels to transport people and personnel to its fleet. This was done to strengthen their position in the industry.

 

In 1985, the conglomerate had acquired its first rig, which offered accommodation and catering services. Three years later, Cotemar increased its fleet and expanded its market presence by serving the industry with five rigs and three specialized vessels. In the 1990s and early 2000, Cotemar continued to add more specialized vessels to their fleet. By 2012, Cotemar started to construct semi-submersible rigs. At the same time, specialized cranes and maintenance vessels to transport liquid and solid materials were added to the fleet. By the end of 2013, the company began construction on Atlantis. Two years later the company ventured a new business opportunity, the onshore upstream sector.

 

Cotemar’s core values

 

Judging from the achievement and the tremendous growth the Cotemar has undergone, it is evident that the firm has continuously adhered to its institutional values. The company bases all its operation on four major values: innovation, reliability, humility and integrity. Innovation guided the company into thinking and creating improved alternatives while humility helps the employees to learn from other competitors every day. The firm strives to achieve high standards of reliability through ensuring that they perform their duties in an accountable way and offer services beyond the client’s expectations.

 

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