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N° Description Upload on
1 To complete this report the consultants from Buen Día software and consulting Inc. used reports from the Organization of the Petroleum Exporting Countries (OPEC) and the Foreign Direct Investment, World Bank Group(FDI).


Analysis

We found that Green Imaging Technologies, Inc. could be marketing to Latin America in eight countries, where in the initial stage of the study the best probabilities were in Mexico.

On further analysis, following information from Organization of the Petroleum Exporting Countries, we discovered there was a substantial possibility for success in the Energy sector (Sector classification from FDI 6) and in the Oil – Gas sector (Sector classification from FDI 13)
The FDI report shows that 69% of total Investment Success Opportunities are centred in four countries: Brazil, Argentina, Colombia and Chile with a total of 23 Foreign Direct Investment Opportunities in these countries.


Recommendation

Our recommendation is to focus our initial search in these four countries, with an emphasis on Brazil and Argentina. Of the opportunities we found for Green Imaging Technologies, Inc., 48% of them were in these two countries.

In Brazil, with the recent discovery of the largest oil & gas fields (Tupi, Jupiter and Carioca) ever found in the country, in the pre-salt layer offshore the Santos basin, southeast of Brazil and the additional discoveries than are expected which, could add Brazil to the list of the world's largest oil reserves, the challenge is the lack of qualified and skilled human resources and equipment. Additional some of the key services and equipment in demand by Petrobras are formation tests and well testing for the ongoing research and exploration efforts in other areas under license such as Ceará-Potiguar, Camamu-Almada (BA), Espírito Santo and Santos (some new and old) are proving to be great stages for new business deals.

On the other hand Argentina has been investing to stimulate the exploration to locate new oil fields in its border with Chile, on August 2008 Enarsa (the Argentinian oil company), Enap Sipetrol (the Chilean oil company) and Repsol YPF announced an agreement to explore the sea with an initial investment of 150 million US$. Patagonia and other parts of Argentina has plenty of oil and natural gas reserves. Argentina could become the major energy supplier of the Southern Cone region, and due to the relative maturity of its own energy markets, Argentine energy companies will look increasingly to the country's neighbours for future opportunities, says the U.S. Energy Information Administration (EIA) on its report on Argentina		 June 08, 2009
 
 
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