Currently no planned events for Brazil.
BNCC, NHO & NORWEP invite you to a breakfast meeting to discuss The Way Forward for the Oil & Gas industry in Brazil.
Brazilian-Norwegian Seminar on Decommissioning and Maintenance of Fields in Late Production
Mr. Adhemar Freire, The Country Manager for Brazil will be visiting Norway the first week of September. He is prepared to meet with the partners, present planned NORWEP activities in Brazil in the second half of 2107 and further discuss how he can support partners in in the Brazilian market covering the following technology areas:
Petrobras – NORWEP Network Meeting on the New Procurement Strategy and Vendor List Qualification.
INTSOK is institutionally supporting the Rio Oil & Gas Expo and Conference which is recognized as the leading oil and gas industry event in Latin America being a prominent place for networking, discussing major technological issues and promoting innovative ideas.
Presentation from Brazilian Network Meeting 14th November 2017 in Cooperation with BNCC (Brazilian-Norwegian Chamber of Commerce) and NHO.
A news summary of politics and policies in Brazil, looking at what is happening with Petrobras and what is happening in the elections.
Petrobras has presented its new 2017-2021 Business and Management plan, reducing spending by 25% and expanding asset sales with the ambition of reducing the high debt, considered one of the largest among global Oil Companies, in addition to gaining the confidence back from investors, market and industry.
Please also see the complete version of the Strategic Plan and Business and Management Plan 2017-2021 .
Queiroz Galvao Exploracao e Producao (QGEP)
Karoon Petróleo & Gas
The Business and Management Plan 2018-2022 focuses on safety and financial leverage reduction.
The main pillars of the Plan are competitive prices, efficiency of Capex, efficiency of Opex and the partnerships and divestments program.
The BMP 2018-2022 investment portfolio maintains the same level of investments in relation to BMP 2017-2021 and continues to prioritize exploration and production projects of oil in Brazil. In the other business areas, investments are intended primarily to maintain operations and projects related to the outflow of oil and natural gas.
The company continues with reduction efforts, estimating an amount of US$ 136.8 billion of manageable operating expenses in the BMP 2018-2022.
Petrobras informs that its Board of Directors approved in a meeting held yesterday the Business and Management Plan 2018-2022 (BMP 2018-2022).
The Board also approved the Strategic Monitoring process, based on the Strategic Plan released in September 2016, which consists of the permanent evaluation of the business environment and the implementation of the plan, allowing adjustments to be made in a more agile and efficient way.
BMP 2018-2022 is based on two main top metrics, safety and financial, as defined in the BMP 2017-2021 and continue to guide the company's strategic actions:
- The security metric was anticipated in two years: Total Recordable Injury recorded per million men-hours (TRI) was reduced from 1.4 to 1.0 by 2018;
- The financial leverage target was maintained: Net debt/adjusted EBITDA of 2.5 in 2018.
Norwegian companies with activities in Brazil were invited to participate in a quantitative and an anonymous qualitative survey in September 2017. The majority of consolidated quantitative data in this report was collected from the surveyed Norwegian companies.
The methodology and historical data presented in this report follow mapping exercises commissioned by Innovation Norway and the Norwegian Consulate General in Rio de Janeiro and the Embassy of Norway in Brasilia in 2015. The present fourth version adds data from the last 2 years.
A comprehensive forecast of trends and developments in the Brazilian oil and gas market, focused on offshore capex and opex expenditures, covering the period 2018-2021.
The report is prepared exclusively for NORWEP partners by Rystad Energy.
This is an excerpt from the NORWEP's Annual Offshore Market Report 2018-2021. The full report can be found at:
Several high profiled speakers shared their insights during Team Norway seminar on business compliance this month.
The seminar took place at the Windsor Atlantica Hotel in Copacabana and was an event organized by the Consulate General, INTSOK, Abran, Innovation Norway and NBCC.
Risk analysis and the use of agents when operating in a new market were among the topics discussed by the speakers.
A non-profit and non-political association, whose purpose is to promote trade and good-will, and to foster business, financial and professional interests between Norway and Brazil.
The National Organization of the Petroleum Industry (ONIP) in Brazil operates as a forum for articulation and cooperation between companies dedicated to exploration, production, refining, processing, transportation, and distribution of crude oil and petroleum products, suppliers of goods and services to the petroleum sector, government bodies, as well as funding agencies.
ONIP has 2 types of register. One is a common register where users can consult and see statistics about the register. Another one, called CADFOR, is exclusively used by a group of operators in Brazil (ANADARKO, BG Brasil, BP Brasil, CHEVRON Brasil, EL PASO OLEO E GAS, MAERSK, REPSOL, SINOPEC BRASIL S/A, SHELL BRASIL AND STATOIL).
PreSalt.com is a relatively new website characterized by independent news coverage on oil and gas pre-salt areas in all corners of the globe, but with main focus on the regions of Brazil, Africa and Asia.
The news sources Pre-salt.com uses include main players in the world on this subject, qualified reporters and specialized editors that are dedicated to pre-salt issues.