Bain & Company plans to increase sharply its presence in Rio de Janeiro amid growing demand in the city for oil and gas-related services. The consultancy is opening an office in the city with three partners and plans to hire up to 30 consultants in the next six to 12 months. It comes as multinationals increase their presence in Rio to take part in the exploitation of Brazil’s large “pre-salt” oilfields. Pedro Cordeiro, partner at Bain & Co, said of Rio’s rise as an oil services centre: “It will not just be an Aberdeen – it should become more like a Singapore”.