Follow us: RSS Twitter Facebook LinkedIn

Subsea Expo
NSRI

The voice of the UK subsea industry

UK & Brazil: Partners in Energy

UK & Brazil: Partners in Energy

03-05 June 2019
Venue: Rio de Janeiro, Brazil



Market Visit Opportunity

This market visit opportunity with the Department for International trade is for UK and Brazil Partners in Energy 2019 on 3-5 June, in Rio de Janeiro, Brazil.

This is the 7th edition of the UK & Brazil: Partners in Energy event, with the objective to showcase UK capability in the energy industry, enabling companies to share expertise and consolidate strategic partnerships in the Brazilian energy market.

Brazil Oil & Gas Market Scenario and Opportunities

The recovery of oil prices, the announcement of Petrobras investments plan of more than R$ 42 billion for the next four years, as well as the recent auctions and the forthcoming ones scheduled for this year are attracting new investments to the market. An example is Exxon, which recently returned to the market and currently holds stakes in 25 offshore projects.

The Brazilian Government has been taking actions in order to improve the country´s business environment for the Oil & Gas sector. Brazil is reviewing its regulatory frameworks to attract more investments by relaxing its local content policy, reviewing and improving the natural gas regulatory framework, establishing an agenda of bidding rounds until 2021, eliminating the Petrobras’ exclusive rights to operate in the pre-salt area and renewing of special tax regime (REPETRO).

Besides that, Petrobras’ divestment programme as well as the company´s strategy to work more closely with other oil operators is expected to generate more business. Petrobras estimates that it will complete US$ 10 billion in divestitures during the first four months of 2019. The expectation is that by the end of the year, the amount raised from the sale of assets will reach up to US$ 40 billion.

Also covering:

- Subsea
- IOCs
- Drilling activity
- Decommissioning
- Bids and Contracts

Expectations

According to information circulating on the media, it is expected that then number of production platforms in operation will grow from 106 to 170 by 2030 and that the resume of operation onshore and in shallow water will bring opportunity to suppliers

Petrobras has 250 fields for potential divestment which can allow the diversification of players in the production field.

There is also speculation on whether Petrobras will or will not sell its refineries or seek strategic alliances.

On the Gas Market, a lot of discussion is going on about the opening and unbundling the operation. If this happens, it will certainly bring competition and allow new projects to happen.

The Event

Together with our strategic partners Subsea UK, EIC, SDI, the UK´s Department for International Trade (DIT) invites you to attend to the 7th edition of the UK & Brazil Partners in Energy.

The objective of this conference is to showcase UK capability in the energy sector, sharing expertise and consolidating strategic partnerships between UK & Brazil in energy sector.

It will facilitate the exchange of experiences between British and Brazilian companies, institutions and government agencies, as well as offer a platform for new technologies to be presented, and discussions to take place on the latest innovations and challenges of the sector.

This year, 8 simultaneous workshops will take place with participation of speakers from the main British and Brazilian companies, research centres and governmental agencies of the energy sector.

The following topics will be covered:

-           [Offshore Construction and Maintenance] - tentative programme
-           [Subsea technologies] - tentative programme
-           [Maximising Oil Recovery and Decommissioning] - tentative programme
-           Gas Market
-           Offshore Wind
-           Biofuels and Biogas
-           Solar Power
-           Energy Storage/ Smart Grids

The event brings together the entire productive chain of the sector, from oil and gas operators to service companies and supply chain. The 2018 edition counted with the participation of more than 250 guests, and a lot more is expected this year.

What's in it for attendees?

• A three-day visiting programme with the major contractors in the country, one being the day of the event itself.
• A slot to make a presentation (aprox. 10 minutes) in in the selected workshop (related to your core activity/Trade Mission).
• Ideal opportunity to strengthen existing business relationships as well as build new
ones and establish high level contacts with key players;
• Opportunity to attend a networking reception on Monday 03rd June;
• Have  your  company´s  information  featured  in  the  event  brochure  that  will  be distributed at the event;
• DIT Social media coverage promoting the companies on the Trade Mission, helping to
raise your visibility.
• Learn from others in the UK group. You will have contact with other UK companies and the mixture of experiences in the market is always enlightening;
• Gain from the interaction with DIT, SDI, and EIC specialists based in Brazil, as they can offer you advice and market information;
• The opportunity to display and distribute company literature and/or giveaways n a prime location at the event venue – may subjected to a small fee.
• Opportunity to meet DIT specialists from neighbouring posts, if they visit;

How to get involved

To note your interest in participating in the subsea technologies trade mission please email trish.banks@subseauk.com

To note your interest in any of the other trade missions, please refer to the contact details at the end of the full overview.