Globalstar Brazil Partners with Cisa Trading Bringing Asset Management Solutions for the Oil and Gas Sector in Brazil
April 14 2021 - 8:30AM
Business Wire
Globalstar do Brasil Ltda., a wholly owned subsidiary of
Globalstar, Inc. (NYSE American: GSAT) and Cisa Trading, a company
with 25 years of experience in trading operations within the oil
and gas sector have partnered together to bring asset management
solutions to Brazil.
Already showing early success, the partnership has delivered
improved operations within the supply and management of one of the
biggest oil and gas companies in the world. As a requirement from
the contractor, all 4,400 Cisa Trading containers require tracking
and monitoring via satellite technology as they are moved in remote
areas out of cellular coverage.
Globalstar SmartOne Solar devices were selected to meet
operational requirements. Powered by solar energy and with ATEX,
IECEx, IP68/69K and HERO certifications, this powerful device can
be operational for up to 10 years with little to no maintenance,
bringing efficiency and cost reduction to operations.
“The O&G sector is a very concentrated and competitive
vertical in Brazil. We are excited to have the opportunity to
procure this business and confident the partnership with Cisa
Trading will deliver an effective long-lasting solution to the
contractor,” said Juan Porras, General Manager of Globalstar for
Latin America. “This is just one of many key steps in our company’s
strategy to expand our IoT business in key verticals across the
region and the globe.”
“For our company it was an excellent opportunity to offer our
client a state-of-the-art solution for controlling the location and
movement of its assets, optimizing the use of the equipment and
interacting proactively with its operational team. This strategic
alliance demonstrates the confidence we have in the Brazilian oil
and gas market and in the potential of our client,” said Edward
Karic, Executive Director of Cisa Trading Oil and Gas Division.
Brazil has become a relevant global player in the production of
crude oil with increasing exports over the last decade. The quality
of the product has also increased since the exploration of pre-salt
layer supplying a lighter oil which is used to produce gasoline and
diesel, some of the most valued products. Brazil expects to be
among the six biggest oil crude exporters by 2030 which will bring
additional opportunities and increased demand for various IoT
solutions.
About Globalstar, Inc.
Globalstar is a leading provider of customizable Satellite IoT
Solutions for customers around the world in industries such as oil
and gas, transportation, emergency management, government, maritime
and outdoor recreation. A pioneer of mobile satellite voice and
data services, Globalstar solutions connect people to their devices
and allow businesses to streamline operations providing safety and
communication and enabling mobile assets to be monitored remotely
via the Globalstar Satellite Network. The Company's Commercial IoT
product portfolio includes industry-acclaimed SmartOne asset
tracking products, Commercial IoT satellite transmitters and the
SPOT® product line for personal safety, messaging and emergency
response, all supported on SPOT My Globalstar, a robust cloud-based
enhanced mapping solution. Learn more at Globalstar.com.
About Cisa Trading
With international presence, Cisa Trading has offices in the
main capitals of Brazil and in Lisbon, Portugal. Our customized
services are performed by a team of more than 250 employees, who
stand out for their high qualification, efficiency, punctuality,
and flexibility. The company operates according to strict
compliance rules in line with various service providers in the
foreign trade chain, with strict compliance with the regulatory
environment and in various import modalities. Cisa's differentials
and logistical excellence have ensured its market recognition for
22 years with the conquest of numerous awards, including the
Infraero for Logistics Excellence and the QSTP (Quality, Service,
Technology and Price) Award from General Motors (GMC), in the
Supplier of the Year and Supplier Merit Awards categories.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20210414005167/en/
Denise Davila Corporate Communications Manager, Globalstar
Denise.Davila@Globalstar.com 985-335-1655
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