Oil and Gas Trade Mission to Brazil

Brazil is the fifth largest country in the world and is South America’s leading economic power. Energy is a major source of growth for Brazil with Petrobras, Brazil’s national energy company, announcing the world’s largest capital expenditure programme, worth US$224.7 billion over the next few years.

Brazil, being the largest energy market in South America, has the second largest oil reserves in Latin America (after Venezuela). The country achieved net oil self-sufficiency in April 2006 as production oil per day. Now, Brazil is producing over 2 million barrels a day (boed) and specialists estimate that the pre-salt offshore area in Brazil may contain 56 billion barrels of oil. The latest big discoveries in this region can make Brazil the 6th largest oil and gas producer in the world. The rapid growth of investment by Petrobras in all aspects of its E&P and downstream business and the exciting results of deep exploration drilling into sub-salt strata, have put Brazil back on the radar screens of many Scottish companies.

Because of Brazil’s fast-paced economic growth and investment in large-scale energy projects, developing trade and investment opportunities between the Scotland and Brazil are of high priority.

ARE YOU INTERESTED IN THE BUSINESS OPPORTUNITIES IN BRAZIL?

Scottish Development International (SDI) in partnership with UK Trade & Investment is organising a trade mission to Brazil to investigate the opportunities available to Scotland’s Oil & Gas industry. The mission will provide companies with the opportunity to visit Rio de Janeiro and Macaé to gain first-hand experience of the market, meet potential customers / partners and access a wide range of experts in all aspects of doing business in Brazil.

WHAT IS INVOLVED?

The proposed mission programme will be focussed on the oil and gas sector and will include:

• Brazil Mission Briefing meeting in Aberdeen (Jan 2012)
• Possibility of arranging group meetings with Petrobras and local supply companies.
• Advice and assistance prior to, during and following the mission from British Consular and SDI staff
• A chance to Network and exchange information with other missioners
• Reception hosted by the British Consul General
• Transport to group venues in Rio de Janeiro and Macaé
• Inclusion in the dual language Mission brochure

MARKET PREPERATION

We strongly suggest that to help prepare you for the mission and ensure a successful visit, companies should undertake research before participating on this mission. The British Consulate General in Brazil has the resource to help you arrange a tailored meeting programme for the week that will meet your requirements. For further information please contact Gerry Love, SDI, Tel. 0141 228 2966 or email gerry.love@scotent.co.uk.

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