Wood Group Mustang and Grupo Diavaz Form Joint Venture in Mexico

Wood Group subsidiary Wood Group Mustang announced on Thursday that it is partnering with Mexican-based operator and services company Grupo Diavaz to create a joint venture engineering business in order to capitalize on Mexico’s energy reform.

According to Mustang CEO Michele McNichol, the partnership includes opening an engineering training and employment center in Mexico City, where the partnership will be based.

The Mustang Diavaz collaboration is planned to provide engineering, procurement, and construction services to onshore and offshore facilities, and pipelines for the upstream and midstream oil & gas markets in Mexico.

With Grupo Diavaz’s knowledge of the Mexican oil and gas industry along with Wood Group Mustang’s experience in global engineering, Mustang Diavaz will provide unrivaled expertise to companies operating in Mexico, according to McNichol.

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World Oil