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Cotemar: Adding innovation to an old industry

Cotemar is a Mexican petroleum company that has been around for over thirty eight years; providing services to Petroleos Mexicanos (Pemex). Cotemar is always looking for ways to evolve and innovate their services. Taking pride in their staff and engineers; the company has looked at new ways to process equipment along with effective indicators. The company also provides services under three categories of specialized industries: "Construction, Modernization, Maintenance, and Engineering, Specialized Maritime Support Vessels, and Catering and Accommodation Services." According to an article in Expansión: Cotemar is one of a few energy and oil companies that is renovating and changing the industry inside Mexico. These companies have been able to face social changes and demands for innovation inside local regions, such as Veracruz. With petroleum being a large economic sector in Mexico; Cotemar has been at the forefront of modernizing oil rigs, so that spills and disasters are less likely to occur.

Cotemar operates on sustainability scheme that many American companies should follow: looking to enforce business ethics, respect for quality of life, community outreach, and protection of the environment. It can also be a good employer; advocating social responsibility towards protecting its employees. It provides food services, laundry, and housekeeping to every cabin. Here employees will meet sufficient living and life standards. The social responsibility that Cotemar creates for its employees also is related to its accountability to being sustainable and transparent. The company advocates for "economic, social, and environmental" commitment in which they believe that their role is to not only give back, but also protect others and the environment.

As petroleum companies have gone under scrutiny involving climate change, and spills that can affect environment protection; Cotemar is innovating an old industry. In fact, the company is has the approval of the International Safety Management for Maritime Safety activities. It also has been certified under the ISO 9001: 2008 standard, and it has met regulations from MARPOL that look at pollution from rigs and ships.


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