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Subsea & Onshore Technology Trade Mission to Brazil
October 19, 2016 @ 8:00 am - October 21, 2016 @ 5:00 pmFee: $2,300
The United States Department of Commerce, International Trade Administration is organizing a Subsea and Onshore Technology Trade Mission to Brazil. Brazil ranks 15th globally in proven oil reserves and 9th in oil production and is predicted to be one of three countries to boost the largest oil production volumes by 2035 due in part to the discovery of an estimated 50 million barrels of oil in ultra-deep waters off the coast of Brazil. Petróleo Brasileiro S.A. (Petrobras), Brazil’s state owned-oil company, recently announced its five year plan to divest and restructure making this a good time for U.S. companies that have products and services for subsea (deep water) and onshore oil and gas exploration and production. As Petrobras reevaluates its service and supplier contracts, there are opportunities for business development through partnerships, joint-ventures and/or company acquisitions. Opportunities to supply to other operating companies in Brazil, such as Shell, Statoil, Sinopec/Repsol and others, also exist.
Additional information about oil and gas market opportunities in Brazil can be found:
•Subsea and Onshore Technology Trade Mission to Brazil Federal Register Notice
•Amendment Federal Register Notice Subsea and Onshore Technology Trade Mission to Brazil
•2015 Top Markets Report, Upstream Oil and Gas Equipment
•Brazil Country Commercial Guide