UK-based oil and gas technology development firm, Deep Casing Tools (DCT), has strengthened its footprint in the South American market with the appointment of a Brazil-based partner, Paschoalin Consultoria em Engenharia.
The company will represent Deep Casing Tools within the region and act as a sales agent for its wide range of well lifecycle technologies, which use simple innovation concepts to bring efficiency in well construction, completion and casing recovery.
Paschoalin has been working with international energy companies to help them enter and navigate the Brazilian market.
Roberto Paschoalin, CEO at Paschoalin, said: “We understand that international expansion is high on the agenda for many oil and gas solution providers, however building a physical in-country presence can incur high operational costs in terms of opening offices, securing storage and manufacturing space and hiring and retaining good employees.
“Paschoalin has spent over a decade helping global oil and gas technology companies take their first major step in the Brazilian marketplace, through our deep-rooted localized support, technical consultancy and commercial representation.
“We’re very pleased to be partnering with Deep Casing Tools, which is bringing a completely new approach to the well lifecycle market and is developing exactly the type of technology we know will excite the South American oil and gas sector. We look forward to representing their innovative technology as part of our client base.”
Deep Casing Tools CEO, David Stephenson, added: “We are very confident in Paschoalin’s ability to ensure we gain a strong foothold in the region and make the most of the opportunity on offer.
“Entering the South American market is an exciting step for Deep Casing Tools, and we are looking forward to establishing a solid customer base and pursuing first sales whilst benefiting from Paschoalin’s industry experience.”