Maersk Supply Service enters Mexican market with major contract win
Danish marine services and integrated solutions provider Maersk Supply Service has received a long-term contract from Blue Marine Group's subsidiary Subtec of Mexico to provide support for one of its four new Stingray vessels.
The contract enables the Maersk Supply Service to enter the Mexican market for the first time, and the deal is expected to help the company secure further opportunities in the region in the future.
Maersk Supply Service CEO Steen Karstensen said: “This contract is the result of two companies working together to provide a superior integrated service offering, and we look forward to building a strong partnership with Blue Marine Group going forward.
“We are excited to commence our activities in the Mexico region, and offer the exclusive capabilities and operational efficiencies of our Stingray new-building to Blue Marine Group and their clients.”
The Stingray vessel will operate in the Bay of Campeche under the new arrangement in order to carry out general support duties for Blue Marine and its customers
The scope of work also includes inspection, repair and maintenance (IRM), and maintenance of Pemex’s platforms, as well as enhancement and well stimulation services.
Blue Marine executive chairman Juan Reynoso Durand said: “Despite the challenging market, we are confident that this vessel will be a valuable tool for our Group in order to provide integrated services to oil companies in the region in the years to come.
“It is also an opportunity to create synergies between Maersk Supply Service and Blue Marine for the oil and gas market.”
The contract is scheduled to commence in the final half of the next year with a firm duration to June 2020.