In the oilfield services space, not every company is well equipped for international growth. There’s a distinct risk profile that comes with working overseas. Commercial risk, compliance, geopolitical issues, logistics… it requires additional resources and investment to do properly. To add another layer of complexity, companies often have poor visibility into the future and find it difficult to identify opportunities in an ever-changing landscape. Despite these challenges, international expansion is a huge growth opportunity and an area where many OFS companies are looking to as we approach the end of the year.
Optimize your resources
In the fast-paced and highly competitive world of oil and gas, having access to timely and accurate data helps you get ahead. By knowing where prospects allocate their capital, you can:
- Know where to focus
- Boost efficiency
- Empower your business development teams to increase deal volume.
Spend less time on administrative tasks and more time prioritizing high-impact opportunities that drive your business growth.
Turn data into actionable insights
Possession of global data is simply the prerequisite for global growth. What separates your business from every other OFS company is in your ability to continually extract lucrative actionable insights from it. By combining Enverus OFS International’s analysis-ready data, coupled with our global scouting research team, your organization will receive comprehensive actionable intelligence at your fingertips, as it happens. Our oilfield data allows you to track key exploration and drilling events, reducing risk, and helping you develop a winning plan. Gain access to country specific insights, block awards, rigs and planned wells so you can jump on opportunities as they present themselves.
The human element to international oilfield data
Our team of international oilfield scouts have developed regional expertise that OFS companies trust and rely on as an extension of their own intelligence gathering. Their specialized knowledge base encompasses worldwide market dynamics, trends and strategies that drive exploration and production activities. When you partner with Enverus, you tap into the wisdom of industry veterans who understand the nuances of global oil and gas markets.
Drive your international growth with confidence
Going international is a big decision, so partner with Enverus OFS International, who will guide your organization to continuously refine your industry understanding, help you make data-driven decisions and show you how to stay at the forefront of the market. Our solution equips you with the agility to adapt to changing circumstances, maximize revenues and secure success even in the face of uncertainty. For a deeper dive into the OFS International offering, download the spec sheet here.
Did you know? Transocean Ltd has secured a three-year award for the ultra-deepwater drillship Deepwater Aquila with a national oil company for work offshore Brazil. The contract is expected to commence in 3Q2024 and represents approximately $486 million in firm backlog.
Authors: Adriana Vizcarrondo, Kiana Cruz.
Co-Author Dai Jones | Sr. Director Intelligence Analyst
Dai joined the Enverus team as one of the founding members of DI International in 2009 and has been responsible for building the global scouting data content and teams. Prior to joining Enverus he worked for over 10 years with IHS Energy in scouting data and management positions. His career began with Baker Hughes in wellsite mudlogging and wellbore surveying operations across Europe, Africa and Asia. He graduated from Plymouth University with a BSc (Hons) in Applied Geology in 1990.
Use OFS International to learn more for your roadmap to international success.