Schlumberger Launches Strategic Investments in Brazil
Claudio Paschoa
November 17, 2010
The O&G service provider is giving priority to investments in Brazil as part of its worldwide investment strategy. Studying the Deepwater Pre-salt Carbonate Systems in Brazil is one of their main priorities. With the expected growth of Brazil´s current O&G production from 2 million boe to 5 billion boe by 2015, industry service providers are feeling the necessity of making local investments proportionate to this expected growth. Schlumberger, as a leading service provider in the O&G industry has been quietly expanding its operations in Brazil through investments in local infrastructure and in aggressively pursuing highly qualified technicians and engineers.