Grupo Diavaz

What Grupo Diavaz does

Grupo Diavaz is a 100% Mexican private energy conglomerate founded in 1973, headquartered in Mexico City, that operates across the oil and gas value chain through five integrated business units: (1) offshore oil industry services, including saturation and shallow-water diving (certified to 300 meters by RINA and ABS), ROV operations, platform construction and maintenance, seabed surveys, and marine pipeline maintenance; (2) terrestrial oil services covering field development, well optimization, drilling, artificial production systems, gas compression, and the proprietary BNA® (Bombeo Neumático Autoabastecido) technology for separating, compressing, and injecting sour wet natural gas; (3) natural gas distribution and commercialization, distributing 65 MMPCD daily to 170,000+ residential and 900+ industrial/commercial customers in the Monterrey Metropolitan Area through 3,000 km of pipeline, commercializing 100 MMPCD to 200 industrial customers nationally, and operating the first CNG terrestrial transportation network in Mexico; (4) asset integrity and reliability maintenance of oil infrastructure; and (5) oil field operations under CNH-regulated contracts covering the Ébano, Miquetla, Barcodón and Catedral fields, currently producing 18 Mb/d with a stated target of 50 Mb/d.

The company employs over 3,700 people and operates through six wholly-owned subsidiaries including Constructora Subacuática Diavaz (offshore services), Compañía Mexicana de Gas (Monterrey gas distribution), Neomexicana de GNC (CNG distribution), DIAVAZ Gas Com, DIAVAZ Servicios de Producción, and DIAVAZ Exploración y Producción. Strategic alliances with international partners — Trafigura for hydrocarbon commercialization, Fugro for seabed studies, CSI Compressco for gas compression, Trinidad Drilling for drilling services, Sinopec for the Ébano field, and Petrobras and INPEX for Burgos Basin contracts — augment in-house capabilities. Diavaz holds IMCA World-Wide Contractor membership, ADCI General Member certification, and ISO 9001/14001/45001 certifications across multiple subsidiaries.

The revenue model is multi-stream: professional services revenue from offshore and terrestrial oil service contracts (quote-based, negotiated via competitive bidding with CNH and direct negotiation with Pemex); subscription/recurring revenue from regulated natural gas distribution; managed services revenue from operating oil fields under production sharing contracts, service contracts, and licenses. The company has invested $2,123 MMUSD in oil field operations between 2004-2018 (drilling 484 wells under Pemex service contracts) and has been authorized by CNH for $3,045 MMUSD in additional exploration and development spending covering 522 wells across the four operated fields through 2048. The company transitioned from a pure service provider to an oil operator following Mexico's 2013 energy reform and the 2016 Round 1.3 contract awards.

Name

Grupo Diavaz

Legal name

Grupo Diavaz

Website

https://diavaz.com

Company type

Private

Founded year

1973

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Grupo Diavaz is a 100% Mexican private energy conglomerate founded in 1973 that provides integrated oil and gas services, natural gas distribution, and upstream production across Mexico for operators including Pemex and Sinopec.

Ownership category

akta.pro rank

Product category

Oil and Gas Services

NAICS

Natural Gas Distribution (2212), Natural Gas Distribution (221210), Crude Petroleum Extraction (21112), Management of Companies and Enterprises (551)

SIC

Oil & Gas Field Services, Nec (1389), Natural Gas Transmisison & Distribution (4923), Crude Petroleum & Natural Gas (1311)

akta.pro primary industry

Gas Distribution Operations (Day-to-Day Field & System Operations) (EUAJAAAB)

akta.pro secondary industries

Local Distribution Company (LDC) Natural Gas Distribution Utilities (TLAGADAA), Industrial CNG/LNG Supply & Distribution (Virtual Pipelines, Trucking, Satellite Storage) (EUALALAA), Natural Gas Compressor Station Operations & Services (TLAGACAD), Wellsite Gathering & Header Systems (Manifolds, Trunklines) (TLAGAJAI), Operations Coordination with Construction/Maintenance (Work Scheduling & Dispatch) (EUAJAAAG)

Keywords

• Oil and gas services
• Offshore diving operations
• Natural gas distribution
• Oil field operations
• Pipeline integrity management

Headquarters

HQ city

Mexico City

HQ country

Mexico

HQ region

Latin America

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Supply Chain, Marketing or Sales

Revenue model

1. Offshore Oil Services: Provides diving services, platform construction/maintenance, seabed studies, and marine pipeline maintenance for offshore oil operations
2. Terrestrial Oil Services: Field development, well optimization, artificial production systems, drilling services, and gas/steam compression for onshore operations
3. Natural Gas Distribution and Commercialization: Distributes 65 MMPCD daily to 170,000+ residential customers and 900+ industrial/commercial customers in Monterrey Metropolitan Area; commercializes 100 MMPCD to 200 industrial customers nationally; CNG transportation by trucks across multiple states
4. Oil Field Operations: Operating oil fields under production sharing contracts, service contracts, and licenses. Fields include Ébano, Miquetla, Barcodón, and Catedral producing oil and gas
5. Asset Integrity Maintenance: Maintenance services for oil platforms, pipelines, and processing facilities ensuring operational reliability

Go-to-market motion2 records

Distribution channels2 records

Marketing channels4 records

Core offering

Grupo Diavaz is a 100% Mexican energy conglomerate providing comprehensive oil and gas services across the value chain. It delivers offshore oil industry services (diving, ROV, platform construction, marine pipeline maintenance), terrestrial oil services (drilling, well optimization, artificial production systems, gas compression), natural gas distribution and commercialization in Monterrey, asset integrity maintenance for oil infrastructure, and operates four oil fields under CNH contracts.

Product overview

Grupo Diavaz is a 100% Mexican energy conglomerate that operates as a diversified business organization with five main business units participating along the oil and gas value chain. The portfolio consists of: (1) Offshore Oil Industry Services providing diving, platform construction/maintenance, ROV operations, vessels, and marine pipeline maintenance; (2) Terrestrial Oil Services covering field development, drilling, well optimization, and artificial production systems including the proprietary BNA® technology; (3) Gas and Energy Distribution and Commercialization including natural gas distribution in Monterrey (65 MMPCD to 170,000+ customers), national gas commercialization (100 MMPCD to 200 clients), and CNG transportation via virtual pipelines; (4) Integrity and Reliability Maintenance of Oil Assets offering asset management and predictive maintenance services; and (5) Oil Field Operations managing four fields (Ébano, Miquetla, Barcodón, Catedral) under production sharing and license contracts with CNH and Pemex. These business units are operated through subsidiaries and strategic alliances with international partners.

Differentiator

Problem solved

Functional benefit

Products and services

• Offshore Oil Industry Services (Servicios Para La Industria Petrolera Costa Afuera) Comprehensive offshore oil industry services including saturation and shallow-water diving operations, construction/maintenance/modernization of offshore platforms, ROV operations, vessel services, seabed studies, and marine pipeline maintenance for offshore oil and gas operators in the Gulf of Mexico.
• Terrestrial Oil Services (Servicios Petroleros Terrestres) Land-based petroleum services covering field development studies, well repairs, gas and oil reserve optimization, artificial production systems, comprehensive drilling services, and gas/steam compression and injection for onshore oil and gas operators in Mexico.
• Gas and Energy Distribution and Commercialization (Distribución y Comercialización de Gas y Energía) Natural gas distribution in Monterrey Metropolitan Area serving 170,000+ residential customers and 900+ industrial/commercial customers with 65 MMPCD daily, plus national gas commercialization to 200 industrial clients (100 MMPCD), and CNG terrestrial transportation through virtual pipelines from two compression bases with 15 MMPCD joint capacity.
• Integrity and Reliability Maintenance of Oil Assets (Mantenimiento de la Integridad y Confiabilidad de Activos Petroleros) Asset management, predictive and preventive maintenance, major repairs, pipeline and facility integrity studies, rehabilitation engineering, and advanced management systems for oil platforms, pipelines, storage facilities, and processing plants.
• Oil Field Operations (Operación de Campos Petroleros) Operation of four oil fields under production sharing contracts, service contracts, and licenses with CNH and Pemex/Sinopec: Ébano (shared production with Pemex/Sinopec), Miquetla (conventional and unconventional license), Barcodón (marginal field reactivation), and Catedral (gas and condensate).

Quantifiable outcome

• Current production of 18 Mb/d from four operated fields, targeting 50 Mb/d within 3-4 years
• +2 more outcomes

Named customers3 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Nine partnerships are on record, tiered core and major.

• PemexcoreStrategic or Co-development PartnerLong-standing partnership for exploration and production activities. Diavaz operates fields under production sharing contracts (Ébano with Sinopec) and holds service contracts. Provides marine infrastructure services and terminal maintenance to Pemex operations.
• TrafiguracoreStrategic or Co-development PartnerStrategic alliance for commercialization of hydrocarbons and operation of oil infrastructure. One of the world's leading commodity trading companies.
• FugromajorTechnology or IntegrationAlliance for geotechnical studies and seabed assessments. Fugro provides specialized technical expertise for offshore project development.
• SinopeccoreStrategic or Co-development PartnerPartner in Ébano field under shared production arrangement. Sinopec holds minority interest while Diavaz operates the field.
• CSI Compressco LPmajorTechnology or IntegrationPartnership for gas compression services. CSI Compressco provides specialized compression equipment and services for gas injection and production operations.
• NeogasmajorChannel Partner/ Reseller/ DistributorAlliance for compressed natural gas distribution. Neogas distributes CNG to industrial customers in the automotive, paper, food, and pharmaceutical sectors.
• PetrobrasmajorStrategic or Co-development PartnerPartnership for gas reserve development services. Associated with Cuervito and Fronterizo contracts in Burgos Basin alongside INPEX.
• INPEXmajorStrategic or Co-development PartnerJapanese oil company partner in Burgos Basin contracts for exploration and production activities.
• Trinidad DrillingmajorTechnology or IntegrationAlliance for well drilling and completion services. Provides specialized drilling equipment and expertise for well construction operations.

Scale indicators11 records

Recent moves7 records

Expansion highlights4 records

Direct peers

• Cotemar: Cotemar is a Mexican offshore oil services company providing specialized vessels, accommodation, and marine operations for Pemex. It directly parallels Grupo Diavaz's offshore services business unit and competes for the same Pemex marine contracts in the Gulf of Mexico.
• Petrofac: Petrofac is an international oil and gas services company with comparable offshore, onshore, and E&P capabilities across the full lifecycle. It is directly comparable to Diavaz's integrated service portfolio and asset operation model.
• Subsea 7: Subsea 7 provides subsea engineering, ROV operations, diving, and offshore pipeline installation services globally. It is directly comparable to Diavaz's Constructora Subacuática Diavaz unit and its saturation diving/ROV capabilities certified to 300 meters.
• Saipem: Saipem is a major international oil services and EPC contractor with offshore drilling, subsea, and onshore E&P capabilities. It is comparable to Diavaz's full-stack offshore and terrestrial services model and operates as both a service provider and project operator.
• Vista Oil & Gas: Vista Oil & Gas is a Latin American independent E&P company operating in Mexico and Argentina. It is directly comparable to Diavaz's oil field operations business unit, with overlapping geographic exposure and similar upstream-focused strategy targeting mature field optimization.

Broad incumbents

• Halliburton: Halliburton is one of the world's largest oilfield services companies offering drilling, completion, and production services globally. It is comparable to Diavaz's terrestrial oil services unit but operates at far greater scale and across a much broader service portfolio.
• SLB (Schlumberger): SLB is the world's largest oilfield services company with a comprehensive portfolio spanning drilling, evaluation, completions, and production. It competes with Diavaz across multiple business lines but at a vastly larger scale and with broader geographic reach.
• ENGIE: ENGIE is a global energy company with significant natural gas distribution, power generation, and energy services operations including in Mexico. It is comparable to Diavaz's gas distribution and CNG transportation business but at vastly larger scale and across a much broader portfolio.

Regional players

• Naturgy: Naturgy is a Spanish international gas distribution and electricity utility. It is comparable to Diavaz's Monterrey natural gas distribution business (Compañía Mexicana de Gas) as a regulated gas utility operator, though Naturgy serves different geographies and operates at much larger scale.

Emerging players

• Talos Energy: Talos Energy is a US-based independent E&P company with operations in the Gulf of Mexico and previously in Mexico. It is comparable to Diavaz's upstream oil field operations and offshore services strategy, focused on similar shallow-water and deepwater opportunities in the Gulf of Mexico basin.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/diavazoficial
• YouTubeyoutube.com/channel/UCC3cIECOm9AXE2dvGACOhPA
• Facebookfacebook.com/DiavazOficial
• LinkedInlinkedin.com/company/2220535

Compliance7 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Subsidiaries6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Grupo Diavaz