Subsea Energy Solutions Is Eyeing Business in Brazil and Wishes to Build Good Relationships with Oil and Gas Operators Such As Petrobras
The UK-based offshore energy equipment manufacturer, Subsea Energy Solutions, is expanding into Brazil after signing a sales contract with Marine and Offshore Partners.
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Subsea Energy Solutions said on Wednesday that M&O Partners in Rio would help them develop new relationships and business development with multinational operators such as Petrobras.
Philip A.R. Stanyon, founder and technical sales director of Subsea Energy Solutions, said, “We have operated in the global energy market since our founding in 2011. Our products are internationally respected, and this new contract with M&O partners will help us grow even further in this important market.”
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The rise in oil prices puts Brazil in a strategic advantage and projects a trade surplus of US$ 90 billion, boosting exports and creating a highly favorable and unexpected economic scenario.
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The company specializes in equipment assembly, load and pressure testing, onshore and offshore commissioning, and maintenance programs.
Brazil produced over 1 billion barrels of oil in 2019, with 13.4 billion barrels of proven oil reserves remaining, which the North Yorkshire company sees as an exciting prospect to increase business in the largest country in South America.

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