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Meeting at Firjan Headquarters in Rio de Janeiro Seeks Partnerships in the Oil and Gas Market, Which Consensus Says Has Huge Investment Potential
Businesspeople from Singapore are in Rio de Janeiro and met with Brazilian entrepreneurs and institutions aiming for cooperation agreements in the Oil and Gas sector.
The meeting took place last Thursday (02/05) at Firjan’s headquarters and brought together six companies and one research institute from the Asian country and over forty companies from Rio, organized by Firjan, ONIP (National Organization of the Oil Industry), Enterprise Singapore, and the Brazilian Agency for the Promotion of Exports and Investments (Apex-Brasil).
According to Simon Lim, Executive Director of Enterprise Singapore, a government agency advocating for business development, “The goal is for those involved to find potential ways to collaborate, with positive returns for both countries.”
It is worth noting that Singapore is now one of the largest manufacturers of FPSOs in the world and an important center for the Oil and Gas industry in Asia.
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The International Director of Firjan, Frederico Cezar de Araujo, emphasized the importance of the state of Rio de Janeiro in the Oil and Gas industry and highlighted the existing reserves in the state.
“There is no better place to find business partners. In this sense, Firjan operates on various fronts to ensure that the direction of our industry is aimed at improving our competitiveness and gaining global presence,” he said.
Major Projects in the State
The major ongoing projects in Rio de Janeiro were highlighted during the meeting, primarily by Meg Montana, Superintendent of Oil and Naval Industry for the state government.
“We have the works at the Açu Export Processing Zone (ZPE) in São João da Barra, which is also expected to install a thermal plant; the Macaé Port Terminal, known as Tepor, currently under installation; the construction and operation of a gas thermal plant in Marlim Azul, also in Macaé; and the ongoing construction of the Rio de Janeiro Petrochemical Complex (Comperj).”
These projects mentioned above are expected to attract up to R$ 1 trillion in investments by 2030 and currently total US$ 4 billion.
The superintendent also noted the possibility of investments in mature fields that will be auctioned by the government and investments in the shipbuilding industry and renewable energy.
The Role of Each
Firjan highlighted its role as a training agency, through SENAI and SESI, considering that the Oil and Gas market in the state is highly qualified and has more than 40% of professionals with higher education.
Apex-Brasil stated that its contribution will be to assist Rio de Janeiro companies in promoting exports, helping with internationalization, and attracting investments to the country.
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