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South America
Placements Made in:
- Buenos Aires, ARG
- RDJ, BRZ
- Macae, BRZ
- Bogota, Colombia
Main industries covered:
- OFS
- EPC
Our business in Latin America was largely focused on operations in Rio and Macae until 2015. Following a larger focus on maximising potential earnings in other LAM countries we have had the opportunity to work in Colombia, Argentina and Peru.
These are well established oilfield market places in a region on the world with high potential for future growth, both from a demographic and oilfield perspective.
The majority of our experience has been from an EPC/OFS standpoint. We have recruited for multiple projects in Brazil with momentum developing in Chile and Argentina on two key projects. From an OFS perspective our first placement was made in the Subsea intervention market 2010, and have hired multiple guys since.
The current climate
Latin America is a market where there is a lot of activity in a few key cities. Brazil is still recovering from the recent problems faced by PetroBras which will have implications on their oil market for some time to come. As a result, there has been a larger focus than ever before in LAM for OFS business to strenghten their relationships elsewhere, Colombia, Argentina, Peru & Trinidad of particular interest.
These economices will continue to gather pace and should ensure a solid platform of economic growth across a number of sectors into 2017 and beyond. The spot light on Rio again, this time for the Olympic games should ensure a legacy in construction and engineered equipment markets.
We are working to support our clients both in Brasil and the wider LAM market and expect to see increased activity again following Q2 17.
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