Lots of money available in Brazil for the pre-salt area oil exploration: the country needs equipment and skilled manpower

Domestic demand for goods and services in offshore exploration and production of oil is estimated at US$ 400 billion by 2020, according to the number used as reference by the National Development Bank (BNDES). The amount scales what the government and Petrobras have to make industrial policies within the pre-salt exploration area and create a national network of suppliers.

The data contained in the document from the Department of Supply Chain of Oil and Gas of the BNDES, created six months ago to help develop the oil industry in the Country “The local content policy will require that whoever wins contracts will have to install new plant here. The companies are coming, there are several talking to us, “says the head of the department, Ricardo Cunha.

Initiatives to increase production and overcome the bottlenecks in the industry were boosted after the entry of Graça Foster at the helm of Petrobras and the contracting in Brazil of over 26 drilling rigs for the pre-salt, both in February. The goals are to attract new businesses, expand funding and graduate Petrobras technicians using contracts as bait. A delay in the development of the chain would delay the operation of the pre-salt or result in the importation of equipment and services.

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Joe Cloud
Dutch, American, Brazilian... lived there for 5 years and owns property in Brazil. Out of the country for a few years now and would like to go back, however current circumstances tell me it's not the right time.

Published by Joe Cloud

Dutch, American, Brazilian... lived there for 5 years and owns property in Brazil. Out of the country for a few years now and would like to go back, however current circumstances tell me it's not the right time.