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Today: Feb 22, 2012

Brazil: Petra Energia – Business Opportunities in the Brazilian Onshore Industry Member Registration

Brazil: Petra Energia – Business Opportunities in the Brazilian Onshore Industry Member Registration

The Canadian Council for the Americas – Alberta (CCA), in partnership with the Department of Foreign Affairs and International Trade Canada and the Government of Alberta, is pleased to invite you to the Brazil: Business Opportunities in the Brazilian Onshore Industry taking place on November 3rd. An overview of Petra Energia  will be followed by a session on " Start-Ups and Doing Business in the Brazilian Oil & Gas Sector" delivered by the oil and gas Brazilian partner of Trench, Rossi & Watanabe Advogados, associated with first class law firm Baker & Mckenzie.

Petra Energia is a Brazilian independent oil company which currently owns the largest exploratory onshore acreage in Brazil, including that of oil state-run energy major Petrobras'.

See below some interesting facts on Petra Energia and its exploratory drilling campaign in Brazil:

  • Around 100 new wells will be drilled in the next 3 years
  • The company has 4 oil & gas areas spread out in Brazil, all of which  are100% onshore: partner of HRT www.hrt.com.br (45%) in 21 oil & gas blocks in the Solimoes basin; one single huge block in the Amazonas basin; 7 oil & gas blocks in partnership with OGX www.ogx.com.br, and 21 natural gas blocks (tight gas) in the Sao Francisco basin, Minas Gerais state
  • Total investments for the next 3 years are estimated at US$ 1 billion

Services needed by Petra Energia in Brazil:

  • Drilling services
  • Completion services
  • Fracking services (for tight gas in the Sao Francisco basin)
  • Air drilling technologies (underbalanced drilling)

This event will help your company better identify business opportunities in Brazil’s booming oil & gas sector.  Brazil has become one of the most attractive investment destinations in the global energy arena with its new discoveries, entry of new players, and exploration and production market available to private investment. Through this opportunity you will learn how to qualify as a supplier to the state-run oil major Petrobras as well as how to cope with local demand and cultural differences, which are essential to the success of new enterprises.

The Government of Alberta, in partnership with the Department of Foreign Affairs and International Trade of Canada (DFAIT) and Export Development Canada (EDC) is organizing a trade mission to Natal, northeast of Brazil, to foster business opportunities and showcase Albertan technologies and solutions to the onshore sector which coincides with the Brazil Onshore Trade Show and Conference, Nov 28th through 30th in Natal. For further information please contact Fabricio Lima at 780.427.6307 or This e-mail address is being protected from spambots. You need JavaScript enabled to view it