Brazil Offshore 2011 Detailed Event Information For Brazil Offshore 2011
Brazil Offshore 2011 -- Commercial Vessel/Eq. (Non-Fisheries), Environmental Technologies, Oil/Gas Field Machinery, Oil/Gas/Mineral Prod/Explor Serv., Pollution Control Eq., Port/Shipbuilding Eq., Renewable Energy Eq.
Location/Date: Macae, Rio de Janero, Brazil 06/14/2011 - 06/17/2011
Event Summary:
This event is a global forum in Brazil to showcase the latest developments in the offshore oil & gas exploration, refining and energy logistics sectors and is the leading energy exhibition in South America. The show attracts more than 600 exhibitors and 50,000 trade visitors from 40 countries.

It presents a significant sales potential to U.S. Energy companies.

Brazil Offshore 2011 is South America's largest energy exploration, refining and energy logistics exhibition and offers the best market entry point for a U.S. exporter. In 2007, Brazil discovered new large oil and gas deposits that could turn Brazil into a net energy exporter. In August 2009, the Brazilian government announced a new exploration and drilling regulatory environment change from a concession model to a production sharing agreement to best exploit the new found reserves. Industry investment is estimated to be at $174 billion through 2013 to increase production capacity to 3.6 million barrels per day. The U.S. Export-Import Bank issued a $2 billion preliminary commitment to facilitate U.S. oil and gas field equipment and services. Petrobras is considering at a minimum, a $300 million medium-term financing facility from the U.S. Export-Import Bank, and is exploring possible contracts that could be applied to its long-term program with the bank. U.S. exporters wanting additional information regarding opportunities with the support of the Export-Import Bank should visit: http://www.exim.gov . Longer-term equipment and services procurement and operational expense needs from all energy companies in Brazil (Petrobras and others) could exceed one trillion dollars through 2020 as all the newly discovered fields are explored.


Contacts:
Kevin Haley, Trade Event Programs
Senior International Trade Specialist
Phone: 202-482-6434
Kevin.Haley@trade.gov
Sergio Teixeira, Rio De Janeiro
Trade Event Manager/Coordinator
Phone: 55 21 3823-2419
Sergio.Teixeira@trade.gov
Regina Cunha, Rio De Janeiro
Senior Commercial Specialist
Phone: 55-21-3823-2416
Regina.Cunha@trade.gov
James Yarish, Reed Exhibitions

Phone: 203-840-5420
jyarish@reedexpo.com