OREANDA-NEWS. Wood Group Mustang and Grupo Diavaz, a Mexican oil & gas operator and services company, have created a joint venture engineering business to capitalize on Mexico's energy reform. MUSTANG DIAVAZ is based in Mexico City and will provide engineering, procurement and construction management services to onshore and offshore facilities, and pipelines for the upstream and midstream oil & gas markets in Mexico.

"We are making a long-term commitment to Mexico that includes investing in its people, growing our local project expertise and sharing our global knowledge to form a Center of Engineering Excellence," stated Michele McNichol, CEO of Wood Group Mustang. "Grupo Diavaz's knowledge of the Mexican oil & gas industry combined with Wood Group Mustang's global engineering experience will enable MUSTANG DIAVAZ to provide unmatched expertise to companies operating in Mexico."

"MUSTANG DIAVAZ is also committed to leveraging our extensive experience and expertise to provide customers with predictable project delivery and industry-recognized safety records," explained Luis Vazquez, chairman and CEO of Grupo Diavaz. "We intend to deliver exceptional services that meet or exceed our customers' strategic objectives, providing value without sacrificing safety or quality."

Wood Group is an international energy services company with around $6bn sales and operating in more than 50 countries. The Group is built on Core Values and has three businesses – Wood Group PSN, Wood Group Kenny and Wood Group Mustang – providing a range of engineering, production support and maintenance management services to the oil & gas, and power generation industries worldwide.   

Grupo Diavaz provides integral services and solutions to the oil industry in Mexico. Founded in 1973 as a diving company providing maintenance services for structures and platforms, Grupo Diavaz is now one of the most diversified and specialized groups in the oil services sector. Grupo Diavaz supports Mexico's oil industry through three business lines: Marine Operations, Exploration and Production, and Gas Production, Distribution & Transport.