The Brazilian Petroleum, Gas and Biofuels Institute (IBP) mobilized industry biggest names last week to present Rio Oil & Gas 2018 in São Paulo. The meeting, held at FIESP (São Paulo´s State Federation of Industries) main office, highlighted the importance of the State for the oil & gas industry resumption, since many pre-salt reservoirs are located in the Santos Basin.

“São Paulo ranks in second place amongst major domestic oil producers, with 14% of 2,73 millions barrels per day produced last year. In this scenario, the state has the biggest potential growth due to the faster transformation in the Brazilian oil and gas sector”, explained Jorge Camargo, Rio Oil & Gas Organizing Committee Chairman. “The new scenario, by the way, welcomes big opportunities, and São Paulo´s industrial park and the economic dynamism are positive to the industry”, added.

With the advance of pre-salt exploration, the representativeness of São Paulo in the national oil & gas activity tends to grow even further as well as opportunities for the State. According to Mauro Andrade, Vice President of Supply Chain for Statoil, the positive effects will come not only by the industrial base that São Paulo already has stablished, but also by the demands for maritime and air logistic hubs that will soon arrive.

“Statoil is, for example, the operator of Carcará oilfield located at Santos Basin, São Paulo. At this moment, we are drilling the first exploratory well of the second biggest company asset. The field has oil reserves with a volume of 2 billion of recoverable oil”, said Andrade. “According to our schedule, the production is expected to begin in 2023/2024, which means a short period in the oil sector, and mandates that Statoil reach the supply market, contributing to upgrade the local content percentage at this asset”, ended.

The oil & gas industry transformation

During the event, Camargo recall the moment of transformation that Brazilian oil industry has been through after the energy transition and the opening of the downstream market. “This is the biggest transformation in the history of this industry, bigger than the changes happened 20 years ago with opening of the exploration and production market”, said.

São Paulo has been demonstrating its interest to avail opportunities in a moment like this. “Without Repetro there isn´t a Brazilian oil industry. And as long Rio de Janeiro, the major national oil producer, is still debating the issue at the Lower House, São Paulo joined the regime the next day after national sanction.”, declared Camargo.

The 2018 Rio Oil & Gas edition is proof of São Paulo´s appetite for the oil industry: 35% of confirmed exhibitors are from the State. “Events like Rio Oil & Gas are extremely relevant, because it welcomes the whole industry to discuss the most important issues”, Dirceu Abrahão, São Paulo Oil & Gas Deputy Secretary.

The Rio Oil & Gas launch in São Paulo has also welcomed the participation of Hugo Repsold, Petrobras Executive Director of Production Development and Technology.