Cotemar raises $252m oilfield maintenance vessels financing

In:

Oil & gas

Region:

Americas

Mexican oilfield services company Cotemar has raised a $252.5 million loan from 10 banks to finance oilfield maintenance vessels Neptuno and Atlantis. The vessels will be chartered by Cotemar and used in connection with service contracts for Mexico’s state-owned oil company Pemex. Milbank...

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