Confipetrol S.A.S (Confipetrol)
Sector: Energy, Metals & Mining
Investment Type: Control
Investment Date: 2014
Fund: TRG Latin America Private Equity Fund
Confipetrol, which was founded in 2005, is an oil services provider focused on operation and maintenance services (O&M) for the hydrocarbon sector in Colombia, as well as Peru and Bolivia. The company currently employs about 3,000 people and provides an integrated solution of electrical, mechanical, and instrumentation support to a client’s fixed asset base. O&M ensures the proper upkeep of machinery, extending the life time and productivity of assets. Confipetrol is one of the top three operators in the sector with approximately 30% market share, and serves the leading oil & gas companies in Colombia and the region.