UK Subsea Companies to Strengthen Ties with Brazil
Subsea UK, in partnership with the Department for International Trade and Scottish Development International, will be seeking to establish stronger links between Brazil and the UK to exploit significant oil and gas developments, through their participation at Rio Oil and Gas Expo and Conference.
Neil Gordon, chief executive of Subsea UK said: “British companies have been important players in the Brazilian market and should further expand their participation in the development of the sector for years to come.
“Our world-class technological innovation and expertise is perfectly suited to the challenges faced by the Brazilian market. UK companies have the experience, expertise and technology to contribute significantly to the development of the industry in Brazil – in areas such as subsea, offshore construction, field life extension, and complex offshore servicing and maintenance.
“It’s vital that the UK has a significant presence at events like this – it allows us to open doors for our supply chain, matching the UK’s forty years of subsea experience with the specific demands in emerging markets, helping British exporters to internationalize successfully and profitably.”
Several Subsea UK member companies will be sharing the UK showcase pavillion at the event, including; Innospection, io oil & gas, James Fisher Subsea Excavation, JDR Cables, KOSO Kentintrol, Pacson Valves, Seatronics, Sonardyne and Wood Group, Subsea UK noted.
As part of the UK Government’s strategy to help double British exports by 2020, Subsea UK is seeking to strengthen trade partnerships across the globe, exporting the country’s subsea expertise to increase the sector’s international capabilities and reputation.
Gordon added: “We are well-placed to help businesses identify and overcome the barriers to establishing a successful presence abroad and ultimately increase exports from the UK. Opportunities are opening up in Brazil and UK companies need to be first in line if they want to make their mark. Entering the Brazilian market does come with its challenges, however we are here to help guide companies in the right direction, providing detailed market insights and connecting them with the key players in the industry.”