Cotemar
Cotemar is a Mexican private offshore E&P services company operating a fleet of 11 specialized vessels in the Gulf of Mexico, providing platform installation, maintenance, logistics, and field development services primarily to PEMEX and other oil and gas operators.
- Company typePrivate
- Founded1978
- HeadquartersCampeche, Mexico
- Headcount5,001–10,000
- GTM typeB2B
- OfferingServices
What Cotemar does
Cotemar, S.A. de C.V. (operating as Grupo Cotemar México) is a privately held Mexican integrated offshore oil and gas services company founded circa 1978 and headquartered in Ciudad del Carmen, Campeche. The company provides comprehensive offshore exploration and production (E&P) services to oil and gas operators in the Gulf of Mexico's Sonda de Campeche, with PEMEX identified as its primary customer. Its service portfolio spans offshore field development, platform installation (engineering, procurement, manufacturing, and installation of jackets and topsides), maintenance, and logistics across the full asset life cycle.
Cotemar's operational backbone is a fleet of 11 specialized vessels (Andrómeda, Aries, Artemis, Atlantis, Delta, Géminis, Hércules, Iolair, Libra, Mercurio, Neptuno, Orion I, and Polaris) configured for offshore E&P operations, complemented by an onshore infrastructure in Ciudad del Carmen including operations, supply warehousing, and a bids/tenders office. The company has invested in supporting digital platforms: Cotízame for supplier quotation management, Yo soy Cotemar for employee services, Balance Cotemar for wellness, and Academia Cotemar for technical training. Cotemar maintains a dense certification footprint including ISO 45001:2018 across all vessels, IQNet SR10, ISNetworld, Achilles (6+ consecutive years), PROFEPA environmental leadership, and 14 consecutive years of Distintivo ESR from Cemefi.
The business model is B2B professional services delivered via long-term enterprise contracts and project-based engagements, with revenue negotiated directly with clients. Distribution is single-country domestic through direct enterprise sales, with no disclosed pricing. Cotemar reports 5,001-10,000 employees, has a dedicated client relationships office in Mexico City, and operates wholly-owned subsidiaries including Servicios de Extracción Petrolera Lifting de México (oil extraction services) and ATLANTIC SA DE CV (insurance services). Leadership consists of CEO Alejandro Villarreal at the Grupo Cotemar México level.
Cotemar firmographics
Firmographics- Name
- Cotemar
- Legal name
- Cotemar, S.A. de C.V.
- Website
- https://cotemar.com.mx
- Company type
- Private
- Founded year
- 1978
- Operating status
- Operating
- Headcount range
- 5,001–10,000 employees
- Short description
- Cotemar is a Mexican private offshore E&P services company operating a fleet of 11 specialized vessels in the Gulf of Mexico, providing platform installation, maintenance, logistics, and field development services primarily to PEMEX and other oil and gas operators.
- Ownership category
- akta.pro rank
Cotemar industry classification
Industry- Product category
- Offshore Oil & Gas Services
- NAICS
- Support Activities for Mining (2131)
- SIC
- Oil & Gas Field Services, Nec (1389)
- akta.pro primary industry
- Offshore E&P (Shallow/Deepwater, Subsea Production Systems) (EUALAAAI)
- akta.pro secondary industries
- Marine & Offshore Energy O&M (Offshore Wind, Platforms, Subsea Assets) (EUAEAGAO), Offshore Marine & Aviation Support (PSVs, AHTS, Crew Boats, Helicopters) (EUALABAJ), Offshore Support & Marine Logistics Vessel Operators (PSV/AHTS) (TLADABAL)
Keywords
Where Cotemar is headquartered
LocationHeadquarters
- HQ city
- Campeche
- HQ country
- Mexico
- HQ region
- Latin America
Offices4 records
Markets served
Cotemar business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Operations, Personnel, Infrastructure, Supply Chain, Technology or R&D, Marketing or Sales
Revenue model
- Offshore E&P Services: Cotemar provides comprehensive offshore exploration and production services including logistics, platform installation, maintenance, and field development services for oil and gas companies operating in the Gulf of Mexico. Revenue is generated through long-term service contracts and project-based engagements with major energy sector clients.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels5 records
Cotemar product offering
Product offeringCore offering
Cotemar provides comprehensive offshore exploration and production (E&P) services for the oil and gas industry, primarily serving PEMEX in the Gulf of Mexico. Its core offering spans platform installation and maintenance, marine logistics, and integrated field development services executed through a fleet of 11 specialized vessels (Andrómada, Aries, Artemis, Atlantis, Delta, Géminis, Hércules, Iolair, Libra, Mercurio, Neptuno, Orion I, Polaris) certified to ISO 45001:2018 standards. The company operates as a one-stop integrated service provider covering the full life cycle of offshore energy assets.
Product overview
Cotemar is a Mexican energy services company with over 46 years of experience operating in the Gulf of Mexico. The company operates as a unified integrated services provider offering offshore exploration and production (E&P) solutions, centered around a fleet of 11 specialized vessels (Andrómeda, Aries, Artemis, Atlantis, Delta, Géminis, Hércules, Iolair, Libra, Mercurio, Neptuno, Orion I, Polaris) and complemented by offshore field development and logistics services. Supporting its core operations, Cotemar provides digital platforms including Cotízame for supplier management and Yo soy Cotemar for employee services, along with wellness programs like Balance Cotemar and training through Academia Cotemar. The company operates under the holding Grupo Cotemar México (GCM) and is known for its CSR recertification under IQNet SR10.
Differentiator
Problem solved
Functional benefit
Products and services
- Offshore Exploration and Production (E&P) Services
Quantifiable outcome
- 14 consecutive years of ESR (Empresa Socialmente Responsable) distinction from Cemefi
- +1 more outcomes
Companies that use Cotemar
Customer profileNamed customers1 record
Segments1 record
Ideal customer profiles1 record
Cotemar technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
Cotemar partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core and minor.
- EBSE Ingeniería de SolucionescoreDuring the Offshore Technology Conference (OTC) in Houston, Grupo Cotemar and EBSE Ingeniería de Soluciones consolidated a strategic alliance to drive development of the energy sector. This partnership aims to leverage combined expertise for offshore energy projects.
- Universidad Marítima y Portuaria de México (UMPM)minorCotemar signed a collaboration agreement with the Maritime and Port University of Mexico to enable students from the institution to complete professional internships with the company, with the possibility of joining the company after completing their studies.
- Fundación UANL A.C.minorCotemar signed a collaboration agreement with the UANL Foundation to foster and motivate the development of young professionals, supporting institutional objectives and promoting education in northeastern Mexico.
Scale indicators5 records
Recent moves6 records
Expansion highlights5 records
Cotemar competitors and assessment
Company assessmentBroad incumbents
- Halliburton: Global oilfield services major that supplies a broad portfolio of upstream services including offshore E&P support to PEMEX and other operators. Comparable to Cotemar as an enterprise E&P service provider, though far larger and more diversified across geographies and segments.
- SLB (Schlumberger): World's largest oilfield services company with extensive offshore E&P activity in Mexico including PEMEX contracts. Comparable on offshore E&P service delivery and PEMEX customer overlap, although its scope spans drilling, completions, and digital globally.
- Baker Hughes: Global energy technology and oilfield services company providing offshore equipment and services including in Mexico. Comparable as a broad upstream-services incumbent; overlaps with Cotemar on offshore E&P support but operates a much wider portfolio including subsea equipment manufacturing.
- Subsea 7: Global subsea engineering, construction, and services company delivering offshore field development including platform and subsea installation. Comparable on offshore platform installation and integrated field-development projects, though larger and globally focused.
Direct peers
- Oceaneering International: U.S.-listed offshore services provider specializing in subsea engineering, specialized vessels, and remotely operated vehicles for offshore E&P operators. Highly comparable to Cotemar on the marine-services and offshore-E&P-support proposition and similar specialized-vessel operating model.
- Tidewater Inc. Global owner-operator of offshore support vessels (PSVs, AHTS, crew boats) serving the offshore oil and gas industry. Directly comparable to Cotemar's vessel-fleet-based marine support offering for offshore E&P operations.
- DIAVAZ: Mexican oilfield services company providing offshore platform maintenance, E&P support, and logistics primarily for PEMEX in the Gulf of Mexico. Closest domestic competitor to Cotemar with the same primary customer, similar service portfolio, and overlapping geography.
- Grupo R: Mexican conglomerate with offshore oil and gas services including platform operation and maintenance for PEMEX. Direct peer in Mexican offshore E&P support, competing for similar contracts in the Bay of Campeche.
- Helix Energy Solutions Group: U.S. offshore energy services provider operating specialized vessels and well intervention assets for offshore oil and gas operators. Comparable to Cotemar in vessel-based offshore service delivery to E&P operators, though focused primarily in the Gulf of Mexico/U.S. and North Sea.
Regional players
- Bourbon Corporation: French offshore marine services operator with a global PSV/AHTS fleet serving offshore E&P operators, primarily outside the Gulf of Mexico. Comparable on specialized vessel-based offshore support but does not directly serve the Mexican market.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Cotemar social profiles
Digital presenceCotemar compliance and trust
Trust signalCompliance7 records
Cotemar financial estimates
Financial estimateRevenue estimate
Valuation estimate
Cotemar leadership team
Management profileNumber of profiles
Profiles1 record
Cotemar subsidiaries and ownership
Company hierarchySubsidiaries2 records
Cotemar funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Cotemar M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Cotemar
What does Cotemar do?
Cotemar provides comprehensive offshore exploration and production (E&P) services for the oil and gas industry, primarily serving PEMEX in the Gulf of Mexico. Its core offering spans platform installation and maintenance, marine logistics, and integrated field development services executed through a fleet of 11 specialized vessels (Andrómada, Aries, Artemis, Atlantis, Delta, Géminis, Hércules, Iolair, Libra, Mercurio, Neptuno, Orion I, Polaris) certified to ISO 45001:2018 standards. The company operates as a one-stop integrated service provider covering the full life cycle of offshore energy assets.
Is Cotemar a public or private company?
Cotemar is a private company. It is classified as unknown and is currently operating.
When was Cotemar founded?
Cotemar was founded in 1978. It employs 5,001 to 10,000 people.
Where is Cotemar based?
Cotemar is headquartered in Campeche, Mexico, in the Latin America region.
How does Cotemar make money?
One revenue line is on record: offshore E&P Services.
Who are Cotemar's main competitors?
Broad incumbents on record are Halliburton, SLB (Schlumberger), Baker Hughes and Subsea 7. Direct peers are Oceaneering International, Tidewater Inc., DIAVAZ, Grupo R and Helix Energy Solutions Group. Bourbon Corporation is listed as a regional player.
Does Cotemar have an API?
No public API is recorded for Cotemar.
What industry is Cotemar in?
Cotemar's product category is Offshore Oil & Gas Services. Its primary akta.pro industry code is EUALAAAI, Offshore E&P (Shallow/Deepwater, Subsea Production Systems), with a secondary code of EUAEAGAO, Marine & Offshore Energy O&M (Offshore Wind, Platforms, Subsea Assets). Its NAICS code is 2131 and its SIC code is 1389.