Independent producers emerge in Latin America, IHS Forum told

11/19/2012
Latin American independent producers are following strategies similar to their US counterparts as they try to penetrate previously closed exploration and production arenas, two company executives said during the 2012 IHS Forum in Washington, DC. They're identifying niches where they can work more efficiently than multinationals or state oil companies and playing to their strengths, the executives explained during a Nov. 13 session at IHS Herold's 21st Annual Pacesetters Energy Conference, which was part of the 2-day forum. Renato T. Bertani, chief executive of Barra Energia in Rio de Janeiro, said the Brazilian company positioned itself as a midsized independent able to go beyond near-sho...
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