Two Aberdeen-based firms have won significant contracts in Mexico as the country prepares to open up to foreign investment for the first time in 75 years.
Aberdeen-based Wireline Engineering’s US subsidiary, Wireline International, has secured a contract worth up to £1.9million for the supply of its patented wireline conveyance tools to Mexican state-owned petroleum company Petróleos Mexicanos (Pemex).
Chairman Bill Petrie said: “We have worked hard to develop our position in the thriving Mexican market. This is our third major contract award from Pemex and we are delighted the company is continuing to see the benefit of our specialist technologies.”
Last year the company secured key contracts in North America, Southeast Asia, West Africa and the Middle East, as the Aberdeen firm plans to continue extending its geographical footprint.
“Winning such a sizeable order further demonstrates the value of the company and its expertise to the Latin America market, and the opportunities there are for small companies with world-class products.
“We are dedicated to increasing our presence in Latin America and awards like this are the best endorsement we could hope for,” Mr Petrie added.
Wireline Engineering develops original well intervention technologies for the oil and gas industry worldwide and works with more than 200 customers in over 60 countries. The company was established in 1998 and has international offices in the Americas, Middle East and Far East.
Meanwhile, Mintra Training Portal announced it has won a six-figure contract to deliver a learning management system for Mexican oil services company, Oro Negro.
This contract will see Oro Negro using Mintra’s online portal to deliver e-learning training to its offshore workforce in the Gulf of Mexico over the next three years.
Peter Conner, managing director of Mintra, said: “As one of Europe’s largest providers of learning, training and competency for the oil & gas industry, this contract will allow us to build on our international presence and provide Oro Negro with a robust learning management system.”
Mintra, a joint venture between Norwegian firm Mintra AS and Aberdeen investment company Enerco Venture, provides bespoke and generic training to more than 250,000 people in over 300 companies in the oil and gas industry every year.
Established in 1997, it has a team of 80 specialists in Aberdeen, Oslo and Stavanger.
Last month Mexico’s congress voted in favour of ending Pemex’s 75-year monopoly on the country’s on and offshore oil and gas resources.
The change is expected to attract oil majors to develop the largest unexplored crude area after the Arctic Circle.
The change in legislation is expected to come into force next month.