1306 S. Cherry St.
Tomball, TX 77375
October 31, 2017
Latin America’s Promising Market
"It is not easy to convince shareholders to spend more money on Deepwater fields when there are other lower cost options still available."
And why should they?
PIC brings to the table technological innovation and customized low-cost solutions to improve production on mature fields and recover bypassed reserves. Our efforts to change the Industry’s culture from reactive to preventive go from projects with independent operators in the US shelf to introducing our proprietary technology to the Latin American market through our partnerships in both Mexico and Brazil. Read more
May 19, 2017
Expanding into Brazil
PIC announces a strategic alliance and technology transfer agreement with Innova Business Development and its Brazilian subsidiary. This agreement will focus on providing PIC’s proprietary technology in optimizing production from mature oilfields. Numerous independent operators, who have recently won onshore concessions, have expressed interest in PIC’s In situ CO2 generation process, as well as, ReNu Acid and BioZonyl stimulation products. In addition, Innova is working with Petrobras to bring PIC’s offshore pipeline decommissioning technology to Brazil, including DynoWash deoiling and Unstickable Liquid Gel Pig product line.