4 minute read
South America news
Regional update
As we approach the end of the fiscal year, are you ensuring that your company is using EIC to its full extent? Global Digital Supporter is one of our most recently launched opportunities, which allows you to Clarisse Rocha promote your business through one of our LIVE e-vents. This cost-effective package puts your company front and centre, reaching a larger global audience using our GotoWebinar platform and social media channels. If this opportunity is of interest to you, do not hesitate to reach out to us to discuss it further.
McDermott will be joining us for a business presentation on 4 March. Their Supply Chain Director Americas, Paulo Fortes, is expected to give attendees an overview of the company’s current contracts and opportunities. McDermott has recently been awarded a US$250m-US$500m EPCI contract by Petrobras for the Sepia field project, covering subsea risers and flowlines for seven wells to a floating production, storage and offloading vessel.
Regional news
Brazil’s 17th bidding round to offer 92 blocks
Brazil’s 17th bidding round for E&P concessions will take place on 7 October 2021, according to the National Petroleum Agency (ANP). The latest round will offer 92 offshore blocks in the Campos, Santos, Pelotas and Potiguar Basins.
The 7th round for production sharing agreements (PSAs), originally scheduled for 2020, is also expected to take place this year.
The latter is specifically designed for blocks located in the Brazilian pre-salt province, whereas bidding rounds for E&P concessions award blocks located elsewhere in the country.
McDermott’s DLV 2000 vessel arrives in Brazil
Those in attendance will be given an insight into this and other projects, and are welcome to engage via our Q&A session.
If you need any assistance or advice in the region or for more information about upcoming events, please contact:
rio@the-eic.com
Clarisse Rocha Head of Americas clarisse.rocha@the-eic.com
YPF to increase investment in 2021
In a bid to increase oil and gas production after a 10% drop in 2020, the Argentine national oil company YPF has pledged to boost investment in the country by 73% in 2021. Investment plans, however, depend on the company’s ability to restructure its finances and obtain access to cash.
Argentina’s financial crisis has been an obstacle for companies wishing to access international capital markets, which means that YPF would have to fund its investment target using the company’s own cash flow.
EIC Newsbriefs
membership@the-eic.com
Keeping you up to date with energy news from around the world
EIC membership
Committed to keeping you informed about opportunities in the global energy industries
SupplyMap
Supply chain database of all UK supply chain companies across all energy sectors
Publications
List your products and services in our Procurement Guide Promote your company for free in our monthly news Inside Energy Publish in our quarterly magazine Energy Focus
DataStream
CAPEX database tracking over 9,000 active and future projects globally
Energy Industries Council
Membership benefits including our premium market research service
INFORM
LIVE e-vents
Book on to our online events to hear from industry decision makers and experts
AssetMap
OPEX database tracking assets in UK, Norway, Brazil, Gulf of Mexico, ASEAN and GCC states, Africa, Europe and Caspian
Worldwide offices
Our global office network has been set up to assist members that want to have a presence in key regions: London, Dubai, Kuala Lumpur, Houston and Rio de Janeiro
www.the-eic.com
66kV HV Jointing & Terminations
HV Switchgear
High Voltage Partial Discharge
Fibre Optics
Condition Monitoring
Rope Access
GWO Certified Engineers
Electrical Engineering
Electrical Engineering Excellence
Delivering a range of electrical and procurement services in an
industry, our team of highly skilled Field Service Engineers and Technical Support professionals continue to supply electrical design, installation, maintenance, commissioning, training & assessments, procurement and troubleshooting in hazardous locations around the globe.
At V-TES we have progressively built a dynamic and enthusiastic team of experts who continually strive for excellence in all that we do. Our development harmonises with our competency management system creating a solid, transparent & highly responsive technical service reinforced by strong values, quality assurance and commitment which has secured the trust of our clients.
Contact us
HOUSTON LONDON
RIO DE JANEIRO DUBAI
KUALA LUMPUR
EIC Head Office and Southern Region
89 Albert Embankment London SE1 7TP UK Tel +44 (0)20 7091 8600 Fax +44 (0)20 7091 8601 Email info@the-eic.com
EIC Middle East
PO Box 54455 Office No 5WA 228 West Wing Building 5A Dubai Airport Free Zone Dubai UAE Tel +9714 299 3945 Email dubai@the-eic.com
EIC Asia Pacific
Lot 17-01 Level 17 Menara HLA No 3 Jalan Kia Peng 50450 Kuala Lumpur Malaysia Tel +603 2725 3600 Email kualalumpur@the-eic.com
EIC North and Central America
Suite 925 11490 Westheimer Houston Texas 77077 USA Tel +1 713 783 1200 Email houston@the-eic.com
EIC South America
Ed. Manhattan Tower 26th Floor Avenida Rio Branco 89 20040-004 Rio de Janeiro - RJ Brasil Tel +55 21 3265 7400 Email rio@the-eic.com