Released June 28, 2021 | CORDOBA, ARGENTINA
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Researched by Industrial Info Resources (Sugar Land, Texas)--During 2020 and the first half of 2021, a large number of maintenance projects were delayed, mainly impacted by the COVID-19 pandemic. Consequently, an upturn in the maintenance sector is expected to be concentrated toward the end of this year and early 2022.
Industrial Info is tracking 94 maintenance projects, valued at approximately $365 million, to be completed during the second half of 2021 in Latin America. Subscribers to Industrial Info's Oil & Gas Production, Terminals and Pipeline Project Database can click here for a list of detailed reports.
Click on the image at right for a heat map showing oil and gas maintenance activity in Latin America, from Industrial Info's Geolocator tool.
In addition, it is estimated that the return to operational mode of most of the Oil & Gas production plants that were temporarily closed, due to oil price drop in 2020, will impact the number of maintenance projects next year.
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn.
Industrial Info is tracking 94 maintenance projects, valued at approximately $365 million, to be completed during the second half of 2021 in Latin America. Subscribers to Industrial Info's Oil & Gas Production, Terminals and Pipeline Project Database can click here for a list of detailed reports.
In addition, it is estimated that the return to operational mode of most of the Oil & Gas production plants that were temporarily closed, due to oil price drop in 2020, will impact the number of maintenance projects next year.
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn.
