Scottish Minister Urges Subsea Companies to Exploit Brazilian Opportunities

Scottish Minister Urges Subsea Companies to Exploit Brazilian Opportunities

Scottish Energy Minister, Fergus Ewing, is to urge subsea companies to exploit Brazilian opportunities at an inaugural “Maximising Our Future” business seminar being held in Aberdeen next week (October 9).

With around 2.5 million recoverable barrels per day projected by 2015 and subsea Capex worth around $7.76 billion over the next five years, the Latin American state holds a wealth of opportunities for UK subsea companies.

Mr Ewing said: “Scotland has an incredible wealth of energy resources from a range of generating technologies, capable of both meeting our energy needs and significant exports to parts of the UK and Europe.

“As well as natural resources, we also have a fantastic pool of skills, and an innovative, world leading industry. It’s clear there are great opportunities for Scottish companies in Brazil, and that the skills and expertise built up over the past decades in the North Sea will be of great use to companies seeking to invest.”

Industry body, Subsea UK has partnered with Scottish Enterprise and its overseas arm, Scottish Development International (SDI) to produce a series of reports to raise awareness of the business potential in international markets and promote trade and export within the Scottish Oil and Gas supply chain.

‘Doing Business in Brazil’, the first in the series, aims to help companies navigate some of the challenges arising whilst breaking into the region by offering anecdotal advice.

Neil Gordon, chief executive of Subsea UK, said: “With Brazilian growth projected to significantly increase over the next 5 years, it has become a key region which offers a range of opportunities for UK subsea companies.

“Although there are many issues surrounding the local supply chain, we hope that by tapping into companies’ previous experience in Brazil, this report will not only offer guidance but encourage companies to take that leap into a new market place.”

He added: “With global subsea growth projected to double from £20 billion to £40 billion by 2017, the international market offers a plethora of opportunities and continues to be a priority for us as an organisation and our members.”

Held at Norwood Hall Hotel, speakers at the event include Alan Charlton, UK Ambassador in Brazil, Anne MacColl, chief executive of SDI, Ian Wilkinson, GlobalScot and director at Petrolink and Antonio Claudio Correa, reservoir engineering project manager at Petrobras.

Tony Baker, director of International Trade at Scottish Development International, said: “This is a great opportunity for companies to learn more about this rapidly expanding market and as part of the event delegates will hear from two companies, Hydrasun and Centrifuge Unlimited, about their experiences in Brazil.

“Scotland’s international sales from the oil & gas supply chain were valued at an impressive £7.6 billion last year, and growing these further is one of the key priorities in the recently launched Oil & Gas Strategy for Scotland. This event will help companies learn first-hand how they can take advantage of the opportunities we know that Brazil in particular has to offer, and build on Scotland’s global success in this sector.”

Delegates will also get the chance to question a panel of businesses, including Bob McAlpine of Hydrasun and Jim Shiach of Centrifuges Unlimited, who have successfully exported to the Brazilian market, as well as supporting specialists in taxation, legal, finance and logistics.

Scottish Enterprise, SDI and Subsea UK are committed to helping subsea companies capitalise on the global opportunities by exporting their skills, technology, expertise and experience to key emerging oil and gas markets.

Press Release, October 03, 2012

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FPSO Europe Congress

 

Pursuing Cost-Optimization & Project Excellence across Europe’s FPSO Value Chain!

Launched to great success in 2015, the FPSO Europe Congress is set to return on 24-25 February 2016 in London for yet another exciting gathering of Europe’s leading oil operators, FPSO contractors, EPCs, shipyards and solution providers to discuss the most topical and critical FPSO developments in the North Sea, Latin America, Brazil and West Africa market.

 

Why Attend the 2nd Annual FPSO Europe Congress?

  • Discover how FPSO leaders are embracing the new realities of a low oil price environment – what are the strategies to adopt in pursuit of viable economical FPSO projects?
  • Brainstorm with industry experts on innovative FPSO engineering, construction and technology breakthroughs leading to significant CAPEX and OPEX savings
  • Review, refine and optimize your existing FPSO operations – how can we enhance oil recovery and extend FPSO asset lifetime?
  • Learn from FPSO experts on the ins-and-outs of delivering successful FSPO projects in North Sea, West Africa, Latin America and Brazil – how can we comply with local content and form effective native partnerships?
  • Engage and form sustainable partnerships with European-based oil companies and FPSO contractors that are leading offshore E&P and FPSO projects in the region

 

2016 FPSO Distinguished Speakers Include:

  • Curtis Lohr, Stones Project Manager, Shell
  • David Hartell, Senior Development Manager, Premier Oil
  • Terry Hughes, Project Director, Tullow Oil
  • Sid Sircar, Facilities Delivery Manager – Catcher Development, Premier Oil
  • Michael Wyllie, Group Technology Director, SBM Offshore
  • Chris Brett, President, Teekay Offshore
  • Puneet Sharma, Vice President, MODEC
  • Eirik Barclay, CEO, Yinson Production

 

The FPSO Europe Congress 2016 is proud to bring you an updated program offering fresh perspectives, creative solutions and critical market intelligence fundamental to FPSO business sustainability as we discuss just HOW and WHAT you can do in pursuit of a viable, efficient and safe FPSO strategy.

For more information please visit the website at http://goo.gl/uvYsrk or email rani.kuppusamy@fpsonetwork.com

 

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