Imenco shared the Subsea UK stand with other companies in the industry including some of our subsea competitors. Trade secrets were well protected but intercompany relations were open and friendly as always.
Subsea UK are the trade organisation representing and promoting its members internationally from it’s base in Aberdeen. It provided us with an excellent platform to promote the company in a territory which is unfamiliar with Imenco’s products and services.
A number of seminars were attended which had been arranged by key players in the Brasilian oil industry. These seminars were informative in helping us understand the difficulties of doing business in Brasil.
Investment in development of new and existing oil fields is staggering. A spend of US $ 250 billion over the next four years is proposed by Petrobras generating major business opportunities for foreign investment.
The immediate priority is to appoint a distributor base in Brasil. Discussions are on going with companies and we hope to have agreements signed shortly . >>