SSA Events

UK Oil & Gas in Brazil 2013

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UK Trade & Investment (UKTI), with partners EIC, SDI and Subsea UK, will be undertaking a high level business mission to Brazil to promote the UK’s excellence in the Oil & Gas sector. This programme is designed to further entrench the UK’s role in supporting the Brazilian Oil & Gas sector and build on the UK’s highly regarded reputation.

The event
A UK Brazil Oil & Gas Showcase – designed to be a highly publicised event forum of UK capability - will take place on 12 March and will be complemented by three supporting business missions to Brazil under the three specific themes of Deepwater and Subsea Technologies, Offshore Construction and Maximising Production. The official Gala Dinner will take place on the evening of 11 March.

The market
The fifth largest country in the world and one of the most rapidly developing
economies with a GDP per head that is greater than India or China, Brazil is expected to become one of the world’s leading economies by 2050.The Petrobras US$236.5 billion investment plan for the 2012-2016 period will have enormous impact on the expansion of Brazil’s shipbuilding and offshore industries. For the Exploration &Production sector, which is responsible for managing the activities involving offshore units, a total of US$107 billion is allocated under the plan. This will allow Petrobras to increase the oil production from the current2 million barrels to 4.2 million barrels by2020. The increase in production will be accompanied by the expansion of the reserves which, in addition to the current15.7 billion proven barrels of oil equivalent (boe), also include a potential volume of15.8 billion boe, totalling 31.5 billion boe.  The results to date and the expectations of new discoveries make it possible to predict that, in 2030, Brazil will be the country with the highest production growth among on-OPEC countries, according to studies conducted by PFC Energy.

The opportunity
Your company can be part of this business programme and benefit from the extensive engagement and promotion that will be generated to position the UKas a partner of choice for the Brazilian Oil& Gas sector. Market Visit Support (MVS) Companies joining the UK Brazil Oil &
Gas Showcase business missions maybe eligible for a grant of £600 from UKTI under the Market Visit Support (MVS) programme. MVS offers financial assistance to qualifying small and medium sized UK companies who wish to export to overseas markets.

For an application form contact
[email protected]

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