These are challenging times for the global oil and gas industry, but Scotland's supply chain companies can still find opportunities in the Americas.
We know that Scotland's oil and gas companies are facing up to a changing global industry. And we know that it's important for our supply chain companies to continue to look for new opportunities in international markets.
That's why we've developed a series of guides to offer Scottish companies an introduction to key oil and gas regions and the key countries within those regions.
Our guide to the Americas oil and gas market includes:
- Regional overview
- Exploration/development news
- Current environment (eg political)
- Major developments in the region
Oil and gas industry in the Americas
The Americas has long been a major player in the oil and gas industry.
Venezuela, Canada, the USA and Brazil have substantial crude oil reserves, with the US and Canada also having extensive natural gas reserves.
Opportunities for Scottish supply chain companies in the Americas include:
Brazil and the United States remain integral to the global subsea market. Although Brazil remains one of the world's most significant offshore oil and gas markets, political and financial issues are impacting on projects.
$63 billion is expected to be spent on pipe and control lines in the Americas up to 2020. Brazil and the United States are the largest markets.
Brazil accounts for over 60% of anticipated demand for floating platforms, with significant spending also expected in the United States and Mexico.
Mexico is expected to drive demand for fixed platform over the next few years, although demand across the Americas is expected to decline.
There are several industry hubs across the Americas, including Houston, Calgary and Rio de Janeiro.
Read our full guide to oil and gas opportunities in the Americas (PDF, 843kB)
Market insights by country by country
To help you identify the best markets for your company we've also produced individual guides to key countries in the Americas:
Brazil (PDF, 817kB)
Canada (PDF, 646kB)
Colombia (PDF, 641kB)
Falkland Islands (PDF, 792kB)
Guyana (PDF, 770kB)
Mexico (PDF, 873kB)
Trinidad and Tobago (PDF, 691kB)
USA (PDF, 896kB)
Venezuela (PDF, 724kB)
Free export advisory service
Getting started in international trade can be daunting.
That's why we've got a range of services designed to help Scottish companies do business outside Scotland
From support to attend trade shows, to help researching the right market for your products and services, we're committed to helping our oil and gas supply chain reach its international potential.
Talk to an export adviser