A more realistic, safer and economically efficient industry was among the topics of discussion at the OTC Brasil 2017 Conference.
The event took place Oct. 24-26 in Rio de Janerio, part of a South American region that is gaining attention because of its offshore oil and gas potential. North of Brazil, French Guiana, Suriname and Trinidad and Tobago are opening new opportunities for the industry and attracting majors that are making huge investments.
The conference happened in Brazil amid three oil auctions, which raised $3 billion in bonus revenue.
During the opening ceremony, Decio Oddone, general director for Brazil oil regulator ANP, emphasized that Brazil will attract roughly $264 billion by 2027, mainly because of its presalt activities.
Considering operators are expected to acquire 30 new oil platforms for the areas recently auctioned, Brazil could become one of the greatest oil-producing countries outside OPEC, according to Oddone.
“Brazil cannot miss this opportunity,” he said. “Brazil must to learn how to take advantage of these opportunities.”