What Pegaso does

Pegaso S.A. is a privately held, 100% Bolivian petroleum services company founded on May 1, 1997 by former petroleum workers in Santa Cruz de la Sierra, Bolivia. It provides integrated field services to oil and gas, industrial, and mining customers, with a portfolio that spans plant operations, mechanical/electrical/instrumentation maintenance, drilling and well operations, pipeline construction (over 200 km built), civil works, motor and compressor assembly, tank and metal-structure fabrication, fire-protection systems, thermal insulation, heavy machinery and ground transport (including fuel logistics with 12,000–25,000L tank trucks), tool and equipment rental, and aerial transport via a company-owned CP-2710 Aerocommander C-1000 aircraft.

The company's productive assets are tangible and physical: a 3,674.70 m² headquarters property on the Doble Vía La Guardia in Santa Cruz de la Sierra with 1,600 m² of built workshops, offices, and operational facilities, plus owned heavy machinery, specialized tooling, and aviation assets. There is no proprietary software or digital platform disclosed; technical capability is expressed through certified personnel, multi-trade integration, and embedded operational presence at client sites. The company explicitly markets itself as offering "integral" services so that customers can rely on a single contractor across multiple maintenance and construction scopes in remote Bolivian fields.

Commercially, Pegaso generates revenue through multi-year professional service contracts with enterprise-level oil and gas operators (including Repsol E&P Bolivia, Andina S.A., BG Bolivia, Transredes, Petrofac/Petrobras, Perez Companc, and Maxus), plus equipment rental and transport fees. Pricing is custom and quote-based with no public rate card. Go-to-market is direct enterprise sales; marketing is limited to a company website and WhatsApp/phone contact channels. The firm is entirely domestically owned with no disclosed parent company, subsidiaries, or external institutional investors, and has operated continuously for over 25 years.

Name

Pegaso

Legal name

Pegaso S.A.

Website

https://www.pegasoservicios.com

Company type

Private

Founded year

1997

Operating status

Operating

Headcount range

51–100 employees

Short description

Pegaso S.A. is a Bolivian petroleum services contractor founded in 1997 in Santa Cruz de la Sierra that delivers integrated plant operations, mechanical/electrical maintenance, drilling, pipeline construction, civil works, and aerial/ground transport to oil and gas, industrial, and mining customers across Bolivia.

Ownership category

akta.pro rank

Product category

Petroleum Services

NAICS

Support Activities for Oil and Gas Operations (213112), Oil and Gas Field Machinery and Equipment Manufacturing (333132), Oil and Gas Pipeline and Related Structures Construction (237120)

SIC

Oil & Gas Field Services, Nec (1389), Oil & Gas Field Machinery & Equipment (3533)

akta.pro primary industry

OFS Engineering, Construction & O&M (Field Development, Brownfield, Maintenance) (EUALABAM)

akta.pro secondary industries

Well Construction & Completion Services (Cementing, Casing, Tubular Running) (EUALABAC), Oilfield Equipment Manufacturing & Supply (Wellheads, BOPs, Surface Equipment) (EUALABAL)

Keywords

• Petroleum services
• Oil and gas maintenance
• Pipeline construction services
• Drilling and well operations
• Industrial plant maintenance

Headquarters

HQ city

Santa Cruz De La Sierra

HQ country

Bolivia

HQ region

Latin America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Supply Chain, Marketing or Sales

Revenue model

1. Oil and Gas Service Contracts: Multi-year service contracts for maintenance, operations, and construction services provided to petroleum companies. Revenue generated through skilled labor provision, equipment deployment, and project execution.
2. Equipment Rental and Tool Leasing: Rental of tools, welding machines, hydraulic testing equipment, and machinery to clients in the petroleum and mining sectors.
3. Transportation Services: Aerial transport services using company-owned aircraft (CP-2710 Aerocommander C-1000) for passenger and cargo transport to oil fields.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

Pegaso S.A. supplies integrated engineering, maintenance, and construction services for the petroleum, industrial, and mining sectors in Bolivia. Its core offering covers operation of oil and industrial plants, mechanical/electrical maintenance and instrumentation, drilling and well operations, pipeline construction, civil works, assembly of motors and compressors, tank and metal structure fabrication, fire protection systems, heavy machinery and transportation, thermal insulation, workshop services, and aerial transport to remote oil fields. Service execution is supported by company-owned infrastructure, machinery, workshops, and an aircraft.

Product overview

Pegaso S.A. is a 100% Bolivian petroleum services company founded in 1997 offering an integrated portfolio of services for the petroleum, industrial, and mining sectors. The portfolio includes: Operation of Oil and Industrial Plants, Mechanical/Electrical Maintenance and Instrumentation, Drilling and Well Operation, Pipeline Construction, Civil Works, Motor and Compressor Assembly, Tank and Structure Manufacturing, Fire Systems, Heavy Machinery and Transport, Thermal Insulation, Workshop Services, and Air Transport. These services are delivered as an integrated offering with the company's own infrastructure, machinery, tools, and equipment, providing comprehensive solutions to meet demanding client requirements in the energy sector.

Differentiator

Problem solved

Functional benefit

Products and services

• Operación de Plantas Petroleras e Industriales (Oil and Industrial Plant Operation) Operation and administration of oil and industrial plants for petroleum companies, covering collectors, separators, compressors, pumps, generators, control instruments, and tanks, with staff trained in emergency handling, safety, and environmental procedures. Target buyers are enterprise oil and gas operators.
• Mantenimiento Mecánico, Eléctrico e Instrumentación (Mechanical, Electrical and Instrumentation Maintenance) Mechanical and electrical maintenance services for motors, gas compressors, oil pumps, electrical generation systems, instrumentation, and all mechanical, electrical, or instrumental equipment in petroleum plants. Includes predictive and corrective maintenance plus repair of Caterpillar, Waukesha, and GMBH motors, centrifugal and piston pumps, and compressors.
• Perforación y Operación de Pozos (Drilling and Well Operation) Preparation of operational drilling programs for well repair, intervention, completion, and mechanical cleaning. Includes operation of producing oil wells, receiving batteries, secondary recovery plants, and laboratory and chemical treatment services for oil and water.
• Construcción de Ductos (Pipeline Construction) Pipeline construction services including gap clearing, trench excavation, line laying, welding, radiographic testing, hydraulic testing with pumps and recorders, burial, and signage. Pegaso has built over 200 kilometers of pipelines.
• Obras Civiles (Civil Works) Civil construction works including camp construction, deposits, housing for personnel, land fencing for properties and petroleum wells, and gate construction.
• Montaje de Motores (Motor and Compressor Assembly) Assembly of motors, compressors, generators, and pumps including alignment, fuel gas system installation, instrumentation, conduit, electrical connections, instrument air, wiring, and commissioning.
• Fabricación y Montaje de Tanques (Tank Manufacturing and Assembly) Manufacturing and assembly of storage tanks for different products using bending machines, mobile welders, cutting equipment, and specialized personnel.
• Fabricación y Montaje de Estructuras (Structure Manufacturing and Assembly) Manufacturing and assembly of metal structures, prefabricated cement deposits, and prefabricated cement workshops.
• Sistemas contra Incendio (Fire Protection Systems) Installation, maintenance, and operation of industrial fire systems including pump maintenance, fire line and valve installation, fire extinguisher maintenance, and fire sensor and alarm installation.
• Maquinaria Pesada y Transporte (Heavy Machinery and Transportation) Heavy machinery services including crawler tractors, backhoes, dump trucks, and motor graders for road opening, platforms, clearing, trench excavation, and land leveling. Includes transportation of drilling equipment, fuel (12,000-25,000 L tank trucks), machinery, and personnel.
• Motores y Aislamiento Térmico (Motors and Thermal Insulation) Thermal insulation services for engine exhausts, high-temperature pipes, and compressor discharge lines using special materials. Includes radiator and cooler protectors, and repair of Waukesha, Caterpillar, and GMBH motors, centrifugal and piston pumps, and compressors.
• Taller y Herramientas (Workshop and Tools) Workshop services including automotive maintenance for light vehicles, mechanical and electrical repairs, bodywork and painting. Tool rental and provision including mechanical tools, electrical tools, instrumentation, pipe benders, welding machines, cutting equipment, generators, air compressors, and sandblasters.
• Transporte Aéreo (Air Transport) Air transport services using owned aircraft (CP-2710 Aerocommander C-1000) for executive passenger transport (up to 8 people), shift change transport (11-19 people), and express cargo transport to oil fields.

Quantifiable outcome

• 200+ kilometers of pipelines constructed

Named customers7 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators4 records

Recent moves5 records

Expansion highlights4 records

Broad incumbents

• Petrofac: Global EPC and oilfield services contractor that has operated in Bolivia via Petrofac Bolivia Ltda. (listed as a Pegaso client). Comparable because Petrofac delivers integrated upstream operations, maintenance, and facility construction services to IOC/NOC clients — the same scope Pegaso provides at a regional/local level.
• Techint Engineering & Construction: Latin American industrial/EPC conglomerate with oil & gas, pipeline, and construction operations across the region. Comparable to Pegaso as an integrated EPC + O&M provider serving upstream and midstream operators, including pipeline construction — directly overlapping with Pegaso's ductos and obras civiles scope.
• Saipem: Global oilfield services and EPC contractor with drilling, engineering, construction, and pipeline capabilities across Latin America. Comparable to Pegaso on the integrated upstream services and pipeline construction business, though at vastly larger scale and geographic reach.
• Schlumberger (SLB): World's largest oilfield services company with operations spanning drilling, well services, production operations, and digital across Latin America. Comparable because SLB competes with Pegaso on the well operations, production, and integrated services side, although at a fundamentally different technology and scale tier.
• Halliburton: Global oilfield services leader in well construction, drilling, and production optimization with deep Latin American presence. Overlaps with Pegaso's drilling and well operations (Perforación y Operación de Pozos) and competes for the same upstream operator spend in Bolivia and the broader region.
• Baker Hughes: Global oilfield services and industrial energy technology company with turbomachinery, wellhead, and maintenance offerings that compete with Pegaso's motor/compressor assembly and mechanical maintenance services in Latin American oil and gas fields.
• Worley (WorleyParsons): Global energy project and operations services contractor delivering engineering, procurement, construction, and maintenance to upstream and midstream operators. Comparable to Pegaso on the integrated EPCM and asset maintenance side, with presence in Bolivian and South American energy projects.

Regional players

• YPFB (Yacimientos Petrolíferos Fiscales Bolivianos): Bolivian state-owned oil company that is both a potential client and a competitor through its service subsidiaries. Highly comparable given the same Bolivian operating geography, the same upstream/midstream operational scope, and historical contractual relationships with Pegaso via Andina S.A. (YPFB subsidiary).
• Servicios Petroleros y Gas (Bolivia) — local OFS peers: Other Bolivian oilfield services contractors competing with Pegaso for IOC/NOC contracts on plant operations, maintenance, and pipeline scopes within Bolivia. Comparable as direct regional peers in the same geography and customer base, though specific named local competitors are not publicly identifiable in the source data.

Direct peers

• Tenaris: Global manufacturer and supplier of OCTG, line pipe, and tubular products with strong Latin American operations in Argentina and neighboring basins. Comparable to Pegaso on the line pipe/tubular supply side relevant to Pegaso's pipeline construction business, though Pegaso is an installer and Tenaris a manufacturer.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights5 records

Customer concentration

• LinkedInlinkedin.com/company/pegaso-s-a

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Pegaso