NORTH-EAST gas and oil sector organisation NOF Energy is heading a national delegation to Latin America.
NOF Energy, based in Washington, Tyne and Wear, has selected five UK companies to visit the Latin American Petroleum Show, in Maracaibo, which has been taking place this week and is due to end today.
The businesses attending - DK Jones, of Middlesbrough, Petrotec UK, of Great Yarmouth, and Simprentis, Subsea 7 and Univation, from Aberdeen - have had the chance to promote their products and services, and find out about opportunities.
Jack Hanwell, manager of membership services for NOF Energy, said the Latin American resources could prove valuable.
"As the world's ninth largest producer of crude oil, Venezuela presents many opportunities for development," he said.
"The country has announced ambitious plans to exploit its offshore gas resources, and there are genuine prospects for UK countries."
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