After you have completed the purchase of Brasoil, Pretorio, brazilian oil and gas company, wants to further expand its actions in the country. However, in view of the oil country has serious obstacles to the development of small and medium-sized companies in the oil business. This is an old thread, in view also of the reforms in the regulatory framework, in which Brazilian companies are not very satisfied.
As the Offshore Panorama released, local content rules have suffered drastic reductions in percentages. In exploratory activities fell from 37% to 18%, and 50% to 25% in the development phase of production. In addition to the decrease of 65% to 25% of local content for platforms. However, those numbers have generated huge criticism, especially from suppliers of goods, services and equipment of Brazil, who ask for an adoption of measures per segment. The Pretorio is one of those companies.
The brazilian company recently underwent a complete restructuring that included strategy changes, sale of assets and an important reduction in the headcount of 600 in 2013 to 100 currently. In addition to producing fields of Octopus and Manati, the Pretorio has other exploration assets, purchased with Brasoil.
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