SUMMUM | BBR - Brochure

CORPORATE

Partners:

VISION

COMPLETE LINE OF SERVICES BEYOND OIL & GAS FROM LATIN AMERICA

Written by Mateo Rafael Tablado

Produced by Jassen Pintado

Interviewee Daniel Lucio, Presidente de Grupo Summum

SUMMUM

ENERGY

Integrated services offered by Summum go well beyond the energy and infrastructure sectors, gaining more reach day after day. The company has new horizons after establishing a name for itself in Colombia, Mexico and Peru.

I

n mid-2016, the Tiger Companies

in our business lines. Summum

business group was rebranded

is a young brand supported by

as Summum. The corporation is

different companies’ successful

preceded by successful ventures

careers; besides the brand’s

going back more than 50 years

short time, Summum is already

through a series of mergers, acquisitions,

an authority within our sector

partnerships, divisions and other

in the three countries where we

movements as a result of transformations

operate,” commented company

experienced within the energy sector in

president Daniel Lucio.

Latin America along these decades.

The Summum Energy and Summum

Daniel Lucio, a lawyer, took

Projects divisions are deployed along

the reins of Grupo Summum

Colombia, Mexico and Peru, serving the

(formerly Tiger Companies).

energy sector with high demand in the

Lucio attended Universidad

oil & gas and energy generation sub-

de La Sabana and afterwards

sectors through a wide variety of services.

specialized in employment law at

In the same fashion, the company offers

Universidad del Rosario. Lucio

engineering services also to mining,

completed an MBA between

infrastructure, construction and other

2017 and 2019 under a Tulane

business activities.

University (U.S.) program.

“We have focused on becoming stronger

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It was five years ago that

September 2020

SOLID, STRATEGIC PRESENCE ACROSS LATIN AMERICA Summum’s corporate

services. Five years afterwards, both offices became able to purvey the complete line of

headquarters are located in

integrated services offered

Colombia, and the company’s

in Colombia.

efficient performance resulted

Una empresa que conecta - Summum ¡Porque nosotros lo hacemos mejor!

In the case of the Peru branch,

in opening offices in Mexico

the opening resulted from the

and Peru ten years ago offering

company first venturing into

some of the company’s

a refinery project, and it has

Summum Energy and Summum Projects of fer integ rated ser vices from the co m p a ny’s h e a d q u a r te r s i n Co l o m b i a a n d a l so f rom of f ices i n Mex ico and Pe r u

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SUMMUM

ENERGY

“SUMMUM IS A YOUNG BRAND SUPPORTED BY DIFFERENT COMPANIES’ SUCCESSFUL CAREERS, SUMMUM IS AN AUTHORITY WITHIN OUR SECTOR IN THE THREE COUNTRIES WHERE WE OPERATE” - Daniel Lucio, President at Summum

already increased its client

with support from all three

portfolio, as it happened in

branches, no matter where the

the other locations, growing

project is located.

from design and engineering

“When hiring Summum

to ongoing operations such

in Mexico, projects are also

as supervision and operation

supported from Colombia and

surveillance, oil conveyance and

Peru, and likewise if working

other downstream, midstream

at Colombia or Peru. Our

and upstream tasks.

entire team is aware of

This solid presence provides Summum of strategic locations

experience, opinions and

in the region’s energy market

collaboration from professionals

with a workforce above 1,200

able to contribute,” the

employees, resulting in every

executive explained.

operation being able to count

6

September 2020

ongoing projects: we share

T h e co m p a ny’s m ate r i a l re s o u rce s a l o n g w ith an ex pe r ienced wo r k fo rce have taken the company to take pa r t i n i mpo r tant projects in Colombia and Latin Amer ica

OIL & GAS AND MUCH MORE… WITHIN BUDGET The energy industry would hardly count with a better partner than Summum Energy.

This division’s integrated services offer within this sector allows the company to take part in any phase of large-scale projects, and as a result, it has become an authority in the business, involved in Colombia’s most important projects for facility installation, production, and oil & gas conveyance.

On its behalf, Summum Projects and its engineering unit have been involved not only in fossil fuels projects, but in recent

years this division’s experienceds pecialists have also taken part in ambitious renewable energy projects, a new market for this division.

Summum stands out for going the extra mile beyond what contracts stipulate. The company’s thorough understanding of entire operations and processes allow for detection of improvement opportunities.

“We’ve put our money in our engineering unit for operation surveillance, being day in and day out in every project, for supervision, for being on the management aspect of projects. We’ve earned an important position also at this level,” Lucio shared.

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SUMMUM

Perfíl de Proveedor

ENERGY

Global standard compliance from Summum within the different industries it’s involved with, position the company at

N u m b e r o f E m p l o ye e s : 16 5

the same level of the top five companies

Ye a r E s t a b l i s h e d : 2000

operation security, bringing added value to

Industr y: S e r v i c i o s d e Te c n o l o g í a Ser vices: P r ove e d o r e s d e s o l u c i o n e s te c n o l ó g i c a s President: J u a n C a r l o s A r a n g o, G e r e n te G e n e r a l We b P a g e : w w w.c o n s u l to r i a o r g a n i z a c i o n a l .c o m

worldwide, regarding quality, efficiency and clients at competitive prices.

AT THE FOREFRONT OF DIGITAL SOLUTIONS AND TECHNOLOGY Summum counts with different types of assets to support oil production, equipment is continuously being renovated and up to date.

The new addition to Summum’s inventory is its Rapid Service Unit, ideal for underground tasks, with the idea of comprising an entire fleet of Rapid Service Units.

In other areas, Summum’s TI department is supported by latest-generation software to operate in the different services the company offers, as working with up-to-date tech resources is a standard for Summum.

SUMMUM INNOVA AND BIG DATA Integrating new machinery and equipment able to obtain data, with

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SUMMUM

ENERGY

“OUR ENTIRE TEAM IS AWARE OF ONGOING PROJECTS: WE SHARE EXPERIENCE, OPINIONS AND COLLABORATION FROM PROFESSIONALS ABLE TO CONTRIBUTE”

software performing actual analytics and interpretation of this information in order to create solutions able to deliver a better product is a task in charge of Summum Innova.

This area was established in early 2019 and it has brought results already both within company operations as well as in delivering more and better information derived from big data for clients. Also, new apps have been developed to report accurate, real-time data.

“Summum Innova is a new area in charge of managing, stimulating and generating innovation among the entire organization. The idea is to create short-term goals, driving individuals to propose new and improved ways to

- Daniel Lucio, President at Summum

operate through our resources, through self-generation and co-generation processes able to deliver added value to our clients. Everyone out there working day-to-day in every project is coming up with ideas and creating new opportunities,” said the company president.

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September 2020

The company sets sight in new hor izons in Latin Amer ica, Canada and the United

THE IMPORTANCE OF TRAINING Workforce development is also a very important aspect in Summum. This area sets goals and creates training programs.

The training and updates portfolio is wide as resources and methods to impart every training.

In certain areas, the company detects outstanding talent for certain tasks, resulting in employees who master a certain skill becoming trainers to fellow employees. High acceptance of employee-taught training has led to these programs prevailing through the years.

Hours of training per employee are fixed goals in this area. In 2019, Summum accumulated 21,000 hours of training, a 41% increase from 2018. The company also offers the necessary resources for individual self-training programs.

NEW HORIZONS IN SIGHT Summum still has a lot to offer to the markets in Colombia, Mexico and Peru.

Nevertheless, the rest of Latin America and North America are always under radar.

A special interest in the Canada and U.S.

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www.fisa.com.co

Bogotá – Colombia – South America

We are a Colombian company with more than 40 years of experience supplying the highest quality equipment and tools for industrial assemblies and maintenance.

market has been raised after

the oil & gas industry, with the

engaging in successful ventures

company’s three main markets

in these territories. The company in the region being taken care of. keeps contact with clients in North America, being on the

in the markets we are set at, and

lookout for new opportunities

we are also interested in current

that could benefit Summum

developments in North America,

Projects, the business group’s

where we can still add value.

engineering unit.

We are also watchful of markets

Ecuador, Central America

September 2020

in Ecuador, Central America

and the Caribbean are also very

and the Caribbean, Bolivia and

attractive markets for Summum

Argentina,” Lucio explained.

after witnessing the growth in

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“We have a strong presence

POSITIVE RESULTS AMIDST GLOBAL EMERGENCY As it is widely known, 2020 came along with more than a few question marks, most brought by the COVID19 pandemic, forcing businesses to adjust operations as well as expectations.

The company reported $130 million in sales for 2019, its best in ten years; which resulted in

E xper ts at Summum Projects contr ibute to dif ferent secto r s, such as infrastr ucture

setting high goals in revenue and profitability for 2020. But the oil & gas industry worldwide was affected by low prices derived from a decreasing demand.

Summum could adjust its goals and is currently on course to a strong finish finance-wise and with double-digit profitability.

“We are currently in a good position. All of the problems are behind; we had to stop, adjust and keep going forward,” the executive said.

BRIGHT FUTURE AHEAD Moving forward to 2021, Summum has good expectations, foreseeing a 15% to 20% sales increase. There’s excitement about future projects for the company: • Possibilities for further projects in the United States and Canada.

• Being in the final stage of a tender for a second-generation ethanol fuel production plant in North America, along with other non-

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SUMMUM

ENERGY

“THE IDEA IS TO CREATE SHORT-TERM GOALS, DRIVING INDIVIDUALS WORKING DAY-TO-DAY IN EVERY PROJECT ARE COMING UP WITH IDEAS AND CREATING OPPORTUNITIES” - Daniel Lucio, President at Summum

Besides oil & gas, Summum Energy is al so tak ing par t in renewable energy projects

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September 2020

FOUNDED:

conventional energy projects,

1992

and also being in the final stage

NUMBER OF EMPLOYEES:

gas project, the refurbishment of

1,300

of Latin America’s largest oil & the Talara refinery in Peru.

• Taking part in an oil & gas

INDUSTRY:

storage and conveyance project

ENERGY

through pipelines and a power plant in Colombia’s Pacific coast.

• Increase the company’s workforce from 1,300 employees to 1,500 and 1,600 during 2021.

“The last four years we’ve projected ourselves toward accomplishing the goals we set for the last five-year plan: strengthening our business lines within the three territories we are settled in, and substantially increasing our profitability year in and year out,” Daniel Lucio concluded.

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