CDN Oilfield Technologies and Solutions, S. de R.L. de C.V. - Mexico
COTS Mexico was created as a 100 percent wholly owned subsidiary of
Canadian Oilfield Solutions Corp. in October 2010 to introduce new
technologies, products and services in Mexico. The focus of the Mexican
company has been dedicated towards implementing these new technologies to
replace current technologies to improve performance and efficiencies, as
well provide financial aid and project management services to well
established third party companies under contract to Pemex. COTS has
implemented the following to date.
- COTS has been appointed the
exclusive Agent by Industria de Tuberias Flexibles S. de R.L. de
C.V. (“ITF”), the authorized distributor representing the
manufacturer Flexsteel™ in Mexico, creating awareness, marketing,
sales and successful implementation of flexible pipe products as a
viable alternative to steel in Mexico. This working arrangement has
proved to be very lucrative and has resulted in a “one stop shop”
with multiple product offerings.
-
COTS has entered into a third party joint venture relationship with
an established Mexican construction company who is under contract to
Schlumberger to provide pre-construction services to Pemex. COTS has
provided financial and project management services in return for
profit sharing revenue. COTS has successfully completed several
projects which have resulted in additional revenue streams and
diversification for the Corporation.
Summary
Flexible Pipe: COTS has proven to be successful implementing new flexible pipe
technologies in Mexico, assisting with the specification and approval process,
and finally implementing these technologies into every day applications. The
company has formed a strategic relationship with the state owned oil and gas
producer, Pemex and is actively distributing flexible pipe products throughout
Mexico.
Construction: COTS has been providing financial and project management services
for several construction projects under a direct assignment arrangement with
Schlumberger. This arrangement has proven to be very successful with the
completion of several projects. The company looks forward to the continued
success implementing additional technologies, products and services which will
improve performance and efficiencies to generate additional revenue streams for
the Corporation.
Flexible Pipe
Construction