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The Brazilian Petroleum, Gas and Biofuels Institute (IBP) turns 60 in November, and the commemorative agenda is already in progress. As part of the celebration, the Institute has been remembering six decades of the Brazilian oil industry’s historic landmarks on social media.

“We are witnessing the turning point of the Brazilian oil and gas sector and the positive results of the 14th bid round and ANP’s 2nd and 3rd pre-salt bid rounds are evidence of that. Celebrating IBP’s 60th anniversary in this moment is even more special, because it reinforces the importance of the work we have developed alongside the industry”, Jorge Camargo, IBP’s president, said. “We’ve already accomplished meaningful victories in the local content rules, Repetro’s extension and the regulatory improvements achieved by the sector”, he added.

Since the beginning of its activities, in November of 1957, IBP has always had its scope related to the dissemination of the sector’s technical knowledge. Its expertise in training and organizing congresses and seminars, just to name a few examples, was increased by a more relevant role in terms of representativeness since the market opening, in the late 1990s. The institute started to carry out actions that aim to engage with authorities to provide investment attraction, development of technology, training and income, consolidating enormous benefits to society.

If the discussions on easing Petrobras’ monopoly have gained strength and come into force recently, IBP had already been playing a significant role in this debate since 1996. Besides, in the late 1990s, through the creation of the Regulatory Committee for the Exploration and Production of Petroleum, the institute became the most important E&P regulation forum in the country. Due to the development of an extensive strategic plan, in the 2.000s, the definition of a priority agenda of activities, IBP implemented a new organizational structure to meet industry’s demands with the opening of the market and the new pre-salt bill.

“IBP’s root is linked to knowledge. Perhaps the institute’s greatest asset is its credibility – which was built over these 60 years. To remain relevant in its mission, IBP will need to adapt to the new scenario outlined for the future. That is, climate policies, which have put the world on the course of transition to a low-carbon economy,” Camargo said.

No wonder, in 2009, through its committees, IBP had important dialogues with the Ministry of Mines and Energy and the Congress about activities related to the transportation, treatment, processing, stocking, liquefaction, regasification and commercialization of natural gas, considered the transition fuel to a more sustainable and clean energy matrix.

The campaign to celebrate IBP’s 60th anniversary is still online on the commemorative website and its digital channels, and those who have been a part of the Institute’s history can share testimonials through photos, videos or texts on the website.