Nitrogen pump manufacturer Prior Power Solutions has broken into the fast-growing South American oil and gas market.
The Great Yarmouth, Norfolk-based company, which was formed over four decades ago, has exported one of its 180k nitrogen pumps to Rio de Janeiro in Brazil.
The pump is the latest product to be included in Prior Power Solutions’ rental fleet, a division of the business set up in 2024, and global sales manager Adrian Sharman expects it to be the first of many supplied to the strategically important region.
“Brazil has been on our radar for some time,” said Sharman. “It is an area experiencing significant growth with regards to oil and gas. Production is projected to increase by over 30% by 2030, and we are seeing a lot of demand for our products – not just nitrogen pumps – in the region.”
Following a £2 million (€2.3 million) investment over the past two years, Prior Power has been steadily increasing its fleet of nitrogen pumps for medium- and long-term rental.
“Our nitrogen pumps have always been highly regarded in the oil and gas industry, but now we are expanding our customer base and international penetration, with enquiries coming in weekly from new customers and new regions,” he added.
Already this year the company has exported units to Australia, North America, Asia, Africa and Europe.
“Taking an agile approach and offering brand new products on a rental basis has opened up many opportunities for us with customers where capital expenditure is restricted or unavailable,” he explained.
“We’re also able to offer rental customers the latest in clean-energy technology, with the Brazil-bound nitrogen pump featuring a Volvo Penta engine which meets the strict Stage V emissions standard.”
Nitrogen pump manufacturer breaks into South American oil and gas market
