The year of 2015 begins troubled in the oil & gas segment, the main one in which we operate. There is great anxiety about the release of Petrobras' new five-year budget, but everyone knows that it will be significantly reduced compared to last year's, especially in terms of new ventures.
Projects and investments by foreign operators will also be few, first because of the reduction in the price of oil on the world market, and second, because of the gap and new concession rules created in the country.
However, for the production of 2.2 million barrels per day, operators offer the market important opportunities, both for new technologies that improve productivity, retrofitting or interventions in existing plants and systems, replacement of less efficient equipment and operational improvement. We cannot forget that the struggle to maintain this production is enormous. On the one hand, we have to solve the problems of falling production in mature producing fields, on the other hand, we have to replace the reductions in production in these fields, with the entry into production of new fields. As bad as the cash flow of operators may be, maintaining this volume of production and its growth of some percentage per year is a Herculean task under Brazilian conditions.
It is in this scenario that Fluxo will navigate in the coming years and, for that, it took advantage of the second half of 2014, and now the first half of 2015, to launch itself in the search for new technologies. Knowing the needs and new requirements of the market, it has already acquired valuable partnerships and continues to seek the best alternatives in equipment, systems and services to bring innovations to the market, always aiming at the lowest TCO, that is, the lowest total cost to the investor. On the other hand, its Engineering & Systems Unit has been established and grown. Fluxo today has a basic engineering and systems supply management team, which integrates products from its representatives to third-party equipment, and offers complete turnkey systems, which makes it a great partner for EPC companies and end customers. . Fluxo has become a specialist in terminal solutions, providing skid gauge islands and vapor recovery systems under license from Jordan (Aereon) of the USA.
The Services Unit, which successfully developed the Availability Contracting Methodology, has increased customer satisfaction, bringing the number of global contracts to five. Having started out in the gas & energy area, today it has contracts in the terminal and refining areas. With great interest, we are focusing on the search for preventive maintenance technologies for large machines.
The new partners that Fluxo presents here also give their testimonies in this edition of the Newsletter. They are: Honeywell, Samson, Metroval, Cameron, Farris, Forum and Prosep. By the end of April, we will be announcing other new partners. At the same time, Fluxo is carefully studying its entry into partnerships for the treatment of waste by pyrolysis and production of water by condensation, and in 2015, it will prepare the foundations to enter the pulp and paper market, being in agreement with technologies specific.
Thus, in this turbulent sea of our economy, Fluxo sees prospects to get out of it with the satisfaction of all: customers – the main reason for the existence of Fluxo; partner companies - which are the foundation of our business; of our collaborators – considered by us the silverware of the house; and its shareholders.
Hideo Hama He is the President of Fluxo Soluções Integradas