South America News

South America News

30 Aug 2021

REGIONAL UPDATE

The Rio team is happy to share the news that we have hired three young professionals to join the Rio hub. Ana Beatriz Vizeu is working as our events intern, Flavia Porto joined us as junior graphic designer and Michelle Miller as website intern. We are delighted to have them in our team and supporting the EIC worldwide to improve the quality of our services to members.

Continuing with our partnership with the British Chamber of Commerce in Brazil, we held the third event of the Brazil-UK Energy Collaboration Forum series on 23 June. The event topic was ‘Opportunities at the Atlanta Field’ and was supported by Airswift and Pentagon. Mr Carlos Peixoto, BritChaM’s Head of the Oil & Gas Committee opened the event followed by Mr Arlindo Moreira, Latin America Area Sales Manager for Glamox who presented his company’s LED lighting solutions, products and innovative technology for offshore applications. Then Atlas Copco’s Application Engineer, Mr Felipe Barata gave an overview on vacuum, industrial and power techniques, focusing on compression. The key speaker was Mr Vinícius Passos, Procurement Manager for Enauta.

He explained in more detail about its operations in Brazil such as the Atlanta field in the Santos Basin including the early production system (EPS) and definitive system (DS). He emphasised the importance of local content and presented opportunities for suppliers. We thank attendees for participating actively in the Q&A session at the end. We would like to remind our EIC members that the webinar recording is available to those that were not able to attend this event. On 1 September we will have the fourth event of this series featuring a presentation by Trident Energy, a leading independent operator involved in the redevelopment of mature oil and gas assets.

At the time of writing, we are planning to host the EIC South America Membership Open Day on 8 July, in which Pietro Ferreira, Senior Analyst (Americas), Clarisse Rocha, Director for The Americas and Gabriella Fernandes, Business Development Co-ordinator, will provide the latest updates and trends on the South America energy sector as well as the opportunity to hear from our key speaker Mr José Monteiro, Senior Sales Manager LATAM, from one of our global members, GE Power Conversion, talking about how the EIC’s market intelligence tools are being implemented in their strategy.

Clarisse Rocha | Head of Americas | clarisse.rocha@the-eic.com

REGIONAL NEWS

Argentina strengthens IEASA’s role

The Fernández administration has approved a series of measures expanding the activity scope of IEASA (formerly known as Enarsa), the state-owned energy holding. The company, which traditionally oversees the country’s LNG imports, has been allocated two offshore exploration blocks in the Malvinas Oeste Basin off the coast of Santa Cruz, as well as the ownership of four major combined cycle power plants in the country. IEASA has also been allowed to increase natural gas imports from neighbouring Bolivia.

RLAM acquisition by Mubadala approved by regulator

The UAE-based state-owned holding Mubadala Investment Company has reached an important milestone in the acquisition of the Landulpho Alves Refinery (RLAM) from Petrobras. The Brazilian competition regulator CADE approved the transaction in June, adding that it does not pose any risk of market concentration. The deal between the two companies was announced earlier in March and is a key element in Petrobras’ divestment plans. The refinery will be sold for an approximate value of US$1.65bn. 

For more information about the energy sector, please read our Inside Energy monthly publication.

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