The EIC is proud to be organising and managing the UK Pavilion at Rio Oil & Gas (ROG) 2022 taking place at Olympic Boulevard, Rio de Janeiro from 26 - 29 September 2022.

Rio Oil & Gas is the leading industry event in South America. Hosting over 42,000 visitors from nearly 80 countries, this exhibition provides your company with a perfect platform to network with industry professionals and boost your visibility regionally and internationally.

Rio Oil & Gas invites everyone to envision a new tomorrow. A future with a sea of possibilities to break new ground with innovation and sustainability. The biggest brands in the oil and gas sector are found at Rio Oil & Gas. The 2022 edition will continue to be the stage for major industry discussions and new business development as well as a networking space with leaders from across the industry chain.

If you are interested in exhibiting with the UK Pavilion, contact the team for more information by sending an email to: internationaltrade@the-eic.com

Alternatively, please submit your application pack to book your stand.

More than 12 years after the start-up of the Angra dos Reis FPSO, development of Brazil’s pre-salt oil reserves is in full swing. Petrobras’s recently launched 2022-26 business plan has allocated US$38.4bn to E&P activities in pre-salt projects, including the installation of 15 new FPSOs in the four-year period. Last year saw major EPC contracts awarded to Keppel-Hyundai and DSME-Saipem for the P-78 and P-79 FPSOs, respectively, while tenders are ongoing for additional FPSOs elsewhere in the country.

Petrobras has also awarded key SURF EPCI contracts to TechnipFMC, Saipem, McDermott and the Subsea Integration Alliance. While Petrobras remains Brazil’s top E&P player, IOCs such as Equinor and Shell are also making progress with major projects. The Norwegian operator announced a final investment decision on the Bacalhau project in June 2021, with Modec selected as the FPSO contractor. Shell, meanwhile, is close to awarding a contract for the Gato do Mato FPSO, also in the pre-salt area.

Opportunities are varied and extend beyond the companies above. EICDataStream is currently tracking 81 E&P projects in Brazil, with a combined CAPEX of US$131 billion. With projects ranging from exploration to decommissioning, IOCs to independent players, onshore to offshore, Brazil is a natural target for the global oil and gas supply chain.