Swiber waves Mexican flag

Singapore’s Swiber Holdings Limited, a provider of integrated offshore construction and support services to the oil and gas industry, will be flying the Mexican flag on five of its fleet of vessels in Mexico as reaffirmation of its long-term commitment to clients in the country’s rapidly growing oil and gas industry.

The company yesterday said the “Swiber Concorde”, a derrick pipelay barge, would be the first among the Swiber Group’s five vessels in Mexico to raise the Mexican flag at a ceremony in the Port of Seybaplaya, Campeche State, Mexico.

Group CEO and President of Swiber, Francis Wong said, “This is an important milestone for the Swiber Group. Sailing our fleet under the Mexican state flag demonstrates our commitment in delivering our full suite of services to the development of Mexico’s oil and gas industry as the country rolls out its energy reforms. This undertaking will continue to establish Swiber as a local key player and enable the Group to further raise the level of our support to our clients that will be operating in Mexico.”

Swiber will hoist the Mexican flag on another four vessels in its fleet, comprising one derrick pipelay barge and three anchor handling tug / supply vessels (AHTs). All five vessels were deployed in Mexico three years ago when Swiber landed its first contract win in Latin America, with the construction of a 77 kilometer-long submarine pipeline project in Mexico for Pemex.

Swiber has since actively performed a number of major offshore construction projects in the region, and gained a reputation for its commitment to excellence, competitiveness and safety. Today, Swiber has established strong presence in Mexico, which serves as the Group’s platform to further expand into the Latin America region. With offices in Mexico City and Ciudad el Carmen, the Group has a strong and capable team of Mexican staff with in-depth local understanding and expertise of the offshore oil and gas market in Mexico.

Antonio Villegas, President of Swiber Offshore Mexico, S.A. de C.V., a subsidiary of the Swiber Group said , “With our fleet flying the Mexican flag, the Group will be in an advantageous position to offer immediate integrated solutions to fulfill the requirements of the Mexico market.

“With the implementation of the energy reform in Mexico, we are confident that the Group readily has the capabilities to deliver efficient and competitive offshore construction and marine services to existing clients and to the increasing number of new players entering the market.”