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yeah i have been bowed up doing work for projects in guyana and norway/north sea. I ahev done midstream, upstream and downstream but i work mainly in drilling and completions now and not production. many here do not understand the difference or how it works like you laid out for them baased on prices, wells, permitting, federal and private leases,regulations etc.

my business partner just returned from abu dhabi. we have a contract with ADNOC now to add to our list of clients. They are supposed to get us work here in the states.

for us in the chemical business it is two fold - we are focusing on limited R&D here for problems we see in our domestic markets but there is little hope of ROI because of prices. Our focus overseas is selling in their markets chemical tech we created 10-15 years ago because they are so far behind us and they dont mind paying for things that work. The money we make overseas has replaced the money we used to make here.

In Africa the opportunity is to replace the big service companies that are pulling out or pricing themselves out.

OTC was full of African brokers trolling for American products to sell and companies to partner with. African brokers are always at OTC but OTC this year they were a much larger presence

In the MEA the rush is to service the new (to them) problems of their once easy production watering up and facing scale, corrosion, Bacteria, H2S, Iron Sulfide and black powder.

In the MEA, it is pretty refreshing to have customers eagerly accept meetings, happy to hear what you have to say, ready to pay fair prices for products that work and appreciative of you being there to assist them. Has not been that way in the US in a very long time, here it has become somewhat adversarial in customer/vendor relationships. It is pretty sad to be honest

What has been interesting is the recent movement away from Chinese manufacturing of petrochemicals to Mexican, Indian and Saudi.

The Saudis/Sabic are becoming a major force in the petrochem industry due to their cheap feedstock.