API opens new regional office

The American Petroleum Institute (API) has announced the opening of a new regional office in Rio de Janeiro.

The API office in Brazil is to provide the rapidly growing South American oil and gas industry with greater access to best practices and programs designed to facilitate safe and efficient energy development across a globally competitive market.

The API’s Director of Global Industry Services commented: ‘API’s new office will further strengthen our partnerships across South America and provide industry professionals direct access to world class programs and services. Brazil holds an increasingly important place in the global energy market, and API will be on the ground to share information on our high quality standards, first class certifications, and cutting edge training.

‘We look forward to building long term collaboration with Brazil’s technical experts and working with market participants to promote safe and responsible energy development in South America’.

The International Energy Agency (IEA) estimates that Brazilian oil production will triple to 6 million bpd by 2035, rendering it the world’s sixth largest oil producer. As a result, IEA predicts that Brazil will play ‘a central role in meeting the world’s oil needs through to 2035, accounting for one third of the net growth in global supply’. 

According to Modine, API certification can assist in attracting investment, opening doors for companies seeking to demonstrate their competitive and technological expertise in a global market.

Adapted from a press release by Emma McAleavey.

Read the article online at: https://www.hydrocarbonengineering.com/gas-processing/16122013/api_regional_office_opens_in_brazil920/