LUCIANA MARTIRE
Sector Manager - Oil & Gas Subsea & Refining
UK Trade & Investment
British Consulate-General
Rio de Janeiro
Brazil
In July 2006, Luciana Martire, 32, joined UKTI from Chevron Corporation, where
she was Procurement Strategic Sourcing Analyst for Latin America from 2004 to
2006. Prior to that she worked at a telecommunications company as a Finance
Coordinator from 2002 to 2004.
After graduating in Economics from Universidade Federal do Rio de Janeiro,
Luciana joined ExxonMobil in 1998. In this organisation she was responsible for
costs and capital budget analysis and approval in a Retail Automation Project
at South America. In 2001, Luciana left ExxonMobil to pursue a telecom
position.
Brazilian Market Background
Brazil achieved net oil self-sufficiency in April 2006 as production reached
1.88 million barrels of oil per day. In 2008, on average, Brazil produced more
than 2 million barrels of oil per day. The target of Petrobras – the
state-controlled oil company – is to reach a production of 2,4 million in 2012.
Brazil is the largest energy market in South America and has the second largest
oil reserves in Latin America. Currently, more than 80 percent of the
production comes from the Campos Basin but significant new discoveries are
being made in the Santos and Espírito Santo basins.
In November 2007, the state-controlled Oil Company Petrobras announced a giant
discovery in the area of Block BM-S-11, located in Santos Basin, named “Tupi”.
Petrobras estimates volumes of recoverable oil and natural gas between 5 and 8
billion barrels. Petrobras estimates that the pre-salt layer between the states
of Espírito Santo and Santa Catarina may contain 56 billion barrels of oil
equivalent.
Petrobras is still the dominant player but the end of state monopoly in 1997
has attracted to Brazil most of the international oil companies. There are 55
oil companies involved in Exploration in Brazil and 17 oil companies involved
in production or development of production in the country. Shell, Chevron,
Devon and StatoilHydro are some companies with a strong presence.
There are also huge opportunities in petrochemical and refining. The most
important petrochemical investment is Comperj, this will be the largest
industrial undertaking in the history of Petrobras and Brazil, and one of the
largest in the world in terms of investments, which will total US$ 8.5 billion.
It will come onstream in 2012.
Petrobras has started to build 3 new refineries: Abreu e Lima, Guamare and
Premium. The refining sector is receiving US$18 billion of investment to expand
capacity, switch from refining imported oils to using national heavy sour oils,
and raise the quality of the products produced to international export levels.
The demand for Education and Training will increase significantly. Currently,
Petrobras has 56,000 employees, expected to increase to 65,000 in 2011.
However, Petrobras may adjust these numbers as a consequence of the pre-salt
field developments. The areas of most interest for Education and Training are
Health, Safety and Environment (HSE) and Exploration and Production.
The business prospects for UK companies are:
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EPC for platforms, drilling rigs and supply vessels
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Design, construction, installation and commissioning of pipelines
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EPC for refineries and petrochemical plants
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Exploration and appraisal drillings
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Subsea solutions
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Environmental control
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Production operations
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Deepwater and ultra deepwater technologies
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Technologies of exploration and production in pre-salt layer
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Education and Training