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Brazil oil & gas market update - PRIO

Oil & Gas

Representatives from PRIO will give an update on their projects, business needs and focus areas related to their oil & gas activities in Brazil.

5 September, 14:00-15:00 Oslo time Add to calendar

Webinar link will be sent to participants.

Price

NORWEP Partner: Free

Non-partner: NOK 1500 (Excl. VAT)

Markets

Brazil

In the following months, we are excited to host a series of webinars featuring oil companies in Brazil. These webinars will provide a platform for each company to showcase their projects and engage in interactive discussions with Norwegian suppliers. The first oil company to present their projects and needs are PRIO.

Presentation from PRIO
- Andre Luis Drummond Sequeiros, JV & Supply chain Manager, PRIO

PRIO (formerly PetroRio) is the largest independent oil producer in Brazil:

currently operates 5 fields in Brazil: Polvo, Albacora Leste, Wahoo, Tubarão Martelo and Frade
with 5 offshore fields: 2 shallow water and 3 deep water
has been growing fast through acquisition of mature fields divested from the majors, like Petrobras and Chevron
main focus are mature fields redevelopment, subsea tie-back, increasing production and extending the life of the fields
current production average is 91.000 bbp and the lifting cost is USD 7.4/barrel (Q2-23)

PRIO

Find more information about PRIO

https://prio3.com.br/en/

Additionally, we are actively working on organizing B2B meetings with these clients following each webinar (still to be confirmed). These B2B meetings will be available to partners that can present commercially available solutions that are directly applicable to the oil company's needs.

See the upcoming webinars in this series:

Petrobras 27. September
TBA 10. October
BW Energy 1. November
Enauta 8. November
3R 22. November

Practical information

This is an online webinar which will be held on September 5. The webinar will take place on Teams. When signing up for this webinar, your email address will be made available to Norwegian Energy Partners and webinar speakers.