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Insight

The Advantages of Rig Construction in Mexico

Wed, 01/25/2012 - 13:47

When asked about the potential for Mexico to develop its own rig construction industry, Gustavo Hernández García, Subdirector of Planning and Evaluation at Pemex E&P, is extremely positive. “This could be an important activity to reactivate Mexico’s economy. Although we have not had the experience of building any type of rigs other than jack-ups, we can use this expertise to move into specialized areas of drilling rig construction. Now is the right time to move away from the construction yards in Texas and Louisiana, and the large yards in Singapore, Korea and the Middle East. By creating a drilling rig construction industry in leading Mexican ports such as Veracruz, Tamaulipas or Tabasco, we could do a very positive thing, both for the country’s leading engineering and service companies and for the country’s economy as a whole.” Hernández García believes that there is a good opportunity to compete with US shipyards on both cost and quality, based on the expertise that Mexican engineers have gained by working at these shipyards. Given the right incentives, these engineers could return to Mexico in order to help develop a new national industry.