The contribution of services, key partners for the growth of energy and mining

The contribution of services, key partners for the growth of energy and mining

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Ricardo Gerk, from Banco Comafi, presented tools and solutions for the main players in the energy and mining sectors.

Gerk assured that Comafi It is “a bank with national capital” that has been in existence for 40 years, which “has a strong presence in the interior of the country”, while he valued that there are “strategic sectors, such as mining, oil and gas, In addition to the “agro”. On his contribution, he summarized: “We have a lot of funding and different solutions. Our particularity is that we are close to the clients, giving them quick solutions.”

In turn, Paredes highlighted that Vaca Muerta Investment He went “from a small real estate agency in Añelo to a company with services for companies” and stated: “The idea is to provide services to those companies from the accommodation, staff containment, maintenance, but this year we have transformed ourselves into a developer of our own projects as well.”

The role of technology for efficiency

Marrazzo noted that Rockwell operates directly in the provision of engineering, services and equipment” He added: “We also operate through an exclusive distributor that has offices throughout the country and through third-party companies with which we have a close relationship and which we call integrators, who take our technology and that of third parties to be able to provide the complete solution to the different users.”

“Our team focuses on two things: productivity or capacity. We work with companies to increase their production capacity, to produce more or to produce more economically, which is the productivity part,” he said, and clarified: “Depending on what they are looking for, we adapt the different proposals to align ourselves with those objectives.”

“Technology is not the end, it is the means to achieve what different users pursue,” He defined it and added: “If you want to grow, you must automate, put intelligence in place, have information about what happens in the process, operate it appropriately. It is a necessity, there is no other way out.”

At the same time, Molinaro considered that technology “is an essential element in the search for efficiency and productivity, as well as in the generation of new business opportunities.”

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Gerardo Molinaro, from DLS Archer, explained in detail what drilling is like in Vaca Muerta and what future prospects there are for hydrocarbons.

Gerardo Molinaro, from DLS Archer, explained in detail what drilling is like in Vaca Muerta and what future prospects there are for hydrocarbons.

“DLS Archer is constantly investing in technological development in our drilling services, which today provide a decisive technological contribution to obtain information on the performance, efficiency and productivity of each well,” he said.

“Today in Vaca Muerta, between vertical drilling and horizontal drilling, we are reaching 8,000 meters of drilling. That was unthinkable 10 years ago and today going horizontally gives you a much higher level of efficiency,” he added and valued: “Argentina has made constant development since Vaca Muerta was launched and today it is very competitive at an international level.”

The value of credit and the development of Añelo

Meanwhile, Gerk spoke of “understanding what is the role of the financial system in the development of the sectors” and noted: “Although we have traditional lines of credit, I believe that our role is to be part of the ecosystem where there are operators and mining companies from abroad that are investing in Argentina.”

“On the other hand, there is the entire value chain that needs to grow and is in a stage of growth and needs to make investments. So our role there is to try to be part of it, to understand it and to go together. That is why we are a very important player in leasing from capital goods to cars, trucks, drilling equipment and software. Many times the team we are financing pays for itself,” complete.

At the same time, Paredes said that “Today Añelo has a perspective that the next three years will be explosive, “What is expected is enormous.” “As a smaller company, we are incorporating technology for information management.”

“The growth in the number of people arriving shows that what is being developed in Añelo is working. The expectation is that the next three or four years will see impressive development,” he predicted.

He added: “We spoke with people who have a project for 720 apartments, when last year we were talking about 6 or 12. The demand is excellent and the results are excellent. Providing services to companies in an efficient way will make us grow so that Añelo becomes more than just a housing camp, it becomes a livable city. For that you have to have schools, health and a lot of things that go with the infrastructure. Today we are fighting for the gas network.”

The “connected mine” project

Regarding mining, Marrazzo revealed that “the plant has been evolving and is becoming increasingly connected to each other, with different machinery, different equipment for surveying and obtaining information” and added: “The proposal is to unify all of this so that the plant, in its general concept, is an environment that can provide information in particular.”

“Generally, the place where the mineral is extracted is far away or at a high altitude, where we have a shortage of human resources, the roads are sometimes not the best and the weather is not good. If one needs a service, it is hours away from the nearest city. So it is difficult to operate there,” said the director of Rockwell Automation.

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Luciano Marazzo explained how Rockwell Automation helps energy and mining companies improve efficiency through process industrialization.

Luciano Marazzo explained how Rockwell Automation helps energy and mining companies improve efficiency through process industrialization.

That is why he postulated the concept of “connected mine”. “We can connect all of that and see or operate it remotely. The more information I have about my plant, from a management standpoint, the better decisions I can make. So, the more I connect, the more information I can provide to the decision-maker, the better I organize it, the better I present it, and the decision-making becomes more agile, faster and more accurate,” he said.

He added: “The good thing about being connected is that we can go out and correct part of the process before the process has an eventuality. I can obtain advance information and take action before the process has, for example, a stoppage.”

Argentina’s potential

Thinking ahead, Molinaro stressed that “Argentina’s potential in the energy industry is far greater than reality” He added: “Today we have a potential capacity that exceeds our day-to-day reality. I believe that this potential opportunity must be realized through investments.”

“Argentina has had the capacity to use this resource from the start and that is what has brought us here. If we think that Vaca Muerta started 12 years ago and beyond the different governments it has always been a priority,” he said.

Referring to the RIGI, he said that “The fact that the possibility of new investments is opening up today is key” and mentioned “three concepts that will lead us to develop the resource: investment, efficiency and productivity.” “To materialize the resource into reality you need investment, but what will make you competitive in the world is being efficient and productive, which means the opportunity is huge,” said the DLS representative.

Meanwhile, Paredes postulated that “what is missing is continuity”, He pointed out that the growth of the area “was with plateaus, which made it slow down and then it was difficult to get back into rhythm” and countered: “If we achieve that confidence, those investments and that continuity is maintained over time, success would be guaranteed.”

In this regard, Gerk said that There are conditions in the country that make it possible for investments to come” and admitted that “If one looks at Argentina’s history over the last 50 years, an investor may have doubts because we have always had setbacks.”

“We are now seeing a stage where resources come first and we see companies that are starting to make investments because they are beginning to see a few clearer rules going forward. There is a lot of work to be done to get out of the trap and Argentina has good prices and a lot of opportunity. The RIGI is a very good opportunity.”he noted.

Regarding the investment climate, Marrazzo noted that the country “has a great opportunity, because we have the resources that the world wants in this process of energy transition or decarbonization, which are lithium and copper”.

“And we have gas, “It is perhaps the cleanest fuel and can provide the transition towards greater decarbonisation. There are three resources that are very attractive to the world and investments want to come in,” he stressed.

“We are in contact with mining investments and they are there in the decision. Maybe they need a little more push to be able to say they should put their money in Argentina because the return on investment is more or less assured,” he stated.

Better conditions for imports

In response to the query about the restrictions on imports, Marazzo said that “Rockwell technology cannot be manufactured in the country and needs to be imported, but in difficult times, we always had something minimal to maintain operations and today that is no longer affecting us.”

Molinaro admitted that “the situation is absolutely normalized and considered that the fact that no prior procedures are necessary was “a very important advance that It has freed us from a management that did not add value and today you can really focus on analyzing and looking for investments or opportunities.”

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César Paredes, from Inversiones Vaca Muerta, commented on the growth of the town of Añelo, the heart of unconventional hydrocarbons.

César Paredes, from Inversiones Vaca Muerta, commented on the growth of the town of Añelo, the heart of unconventional hydrocarbons.

Gerk believes that these types of issues add up to a market deregulation in recent months. “The financial system has always been available to finance companies, but last year we were in a very regulated market. Today we are thinking about other businesses and we see that it is much easier to import and all our clients do it,” he said.

And he added: “Financing plays a very important role, the system is available and I think there will be many opportunities because We banks want to accompany the growth of companies, understand their business, get inside and accompany the growth.”

Finally, Paredes highlighted that based on the company’s results “our investors reinvest and encourage others,” while he assured that “Today there is more willingness to invest, Before we had to push them and convince them, but today they come with a decision and you have to have the product and the answer.”

Source: Ambito

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