Looking for a specific product?

Make a search for products & suppliers, articles & news.

Nortrade & Norway Exports in Brazil

norwayexports.no and Norway Exports was present at this years Rio Oil & Gas Expo and Conference in Brazil.  

Facts

  • The population of Brazil is approximately 203 million
  • Brazil has emerged as a significant oil producer in the recent years
  • Brazil has experienced rapidly expanding oil, natural gas, and electricity consumption in recent years.
  • The largest oil discoveries in recent years have come from Brazil’s offshore, deep water pre-salt basins.
  • Brazil is the ninth largest consumer of energy in the world
  • Brasil produces 8.547 quadrillion btu’s and consumes 10.630 quadrillion btu’s of energy each year (2008)
  • Strong focus on research and developing and education of skilled people
  • Local content policies are important
  • Brazil is becoming a major market for the Norwegian oil industry

Brazil is the largest country in South America and the oil, natural gas, and electricity markets have expanded substantially in recent years. The challenging deepwater development projects have high priority in the Norwegian oil and gas industry.

According to the Intsok annual market report 2013-2016, the investments on the Norwegian continental shelf is estimated to USD 186 billion for the period, the offshore expenditure for Brazil is estimated to surpass USD 193 billion, according to the projections. The numbers definitely consolidate Brazil as the most attractive market, and the global offshore industry had its eyes on Rio de Janeiro and the Rio Oil&Gas Expo and Conference in September. Anestimated 50.000 people visited the trade exhibition, currently considered the most important oil and gas event in Latin America, attracting exhibitors from all over the world.

Strong Norwegian presence
The Norwegian pavilion at Riocentro was among the biggest international pavilions at the exhibition this year, and the deputy minister formally opened the Norwegian pavilion on September 17th.  Mr. Henriksen urged the Norwegian companies present in Riocentro to “capitalize on the opportunities to present your great skills” during the trade exhibition,and the opening was followed by a crowded happy hour. In addition several events and tailor-made seminars took place during the expo. 

Nortrade presalt
Photo:Brazil President Lula shows a sample of the first oil lifted out of the pre-salt layer in the Baleia Franca Field on July 15, 2010. 
©: Ricardo Stuckert/PR
 

Cross-cultural understanding
On September 17th , Mr. Henriksen opened a seminar on opportunities and cooperation financing the oil, gas and shipping sectors. Innovation Norway’s main event took place on September 18th. One of the most common causes of inefficient cross-border project collaboration is the lack of good communication. For several years, Pellegrino Riccardi has worked within the multicultural oil and gas sector providing advice on how to avoid the most common pitfalls, and he delivered an entertaining and humorous presentation to the participants at the seminar.

IN pavilion
Photo: The Innovation Norway front desk at Norwegian Pavilion distributed Norway Exports magazines and Nortrade handouts through out the whole expo and generated many new leads for Norwegian companies.

Opportunities for Norwegian suppliers
Intsok gave its insights on the oil & gas and offshore market in Brazil during a seminar on September 19
th, , and both Carlos Camerini, superintendent at ONIP, the national organization for the Brazilian petroleum industry, and CEO of Sete Brasil, Jõao Carlos Ferraz, emphasized the plentiful opportunities for Norwegian suppliers in spite of the Brazilian local content regime. Sete Brasil, an investment company created in 2010 to manage assets portfolios, mainly of rigs, have 31 rigs contracted, and 6 of them are being built by the Norwegian companies Odfjell Drilling and Seadrill. “On the drilling packages 50-80 percent will be foreign content, and on the marine packages, 40-60 percent will be foreign. Norway will be among the main sources”, Mr. Ferraz says.

Carlos Camerini reminded that there are only 34 offshore oil fields in production or development in Brazil, and 314 more exploratory areas. “The future in this industry is big”, Mr. Camerini says.


IN pavilion 2
Photo: Kathrine Friis Schjetne from Norway Exports and Nortrade is talking to a potential customer of Norwegian companies 



Marketing Norway in a growing marketJørgen Fodstad ROG
Nortrade and Norway Exports was present at the Expo with Director Jørgen Fodstad and Project Manager Kathrine Friis Schjetne. The time was focused on the distribution of Norway Exports magazines to decicion makers within the Brazilian oil & gas sector.

Nortrade had a stand together with Norway Exports at the Norwegian pavilion that attracted many companies interessted in working with Norway to explore opportunities in Brazil.

Here you will find the overview of Norwegian companies present at Rio Oil & Gas.

At Norway House Rio, you will also find all the seminars presentation files

Related news

Latest news

Record prices generate record operating profit

In Q1 2017 Lerøy Seafood Group (LSG) reported operating profit

New Land Based Contract

AKVA group secures new Land Based contract with Midtnork Havbruk

Offshore Wind Energy 2017, London

Oglaend System will exhibit at the Offshore Wind Energy 2017 from 6.-8. June at ExCel London. Visit us at stand N-K30.

Closed at May 17th

Seacat Liberty (YN 81) has been launched

Seacat Services latest fleet addition, Seacat Liberty, was launched May 12th, 2017.

DNV GL starts Joint Industry Project to improve assessment of site condition data for offshore wind farms

DNV GL invites industry partners to start a Joint Industry Project (JIP)..

AKVA group ASA: 1Q 2017 financial reporting

Good market activity across all regions...

Meet us at Elfack during the week

Elfack 2017 kicks off today! Meet us at stand C01:21 during the week.

New country of origin mark for Norwegian seafood

The Norwegian Seafood Council are today launching a new country of origin mark for Norwegian seafood,