Standard Bank pede que empresas brasileiras atuem no mercado de óleo e gás da África

Brazilian Companies Are Called By Africa to Operate in the Oil and Gas Sector in the Country

Written by Paulo Nogueira

Published on 07/11/2018 at 09:33

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Authorities And Major African Players Wish To Prefer Brazilian Service Providers Due To Our Expertise In Exploring Large Marine Reserves

The Standard Bank Group Ltd, from South Africa, encouraged Brazilian engineering and construction companies on Tuesday to explore African opportunities, such as the largest liquefied natural gas projects in the world in Mozambique. While elected President Jair Bolsonaro says he will focus on relations with advanced economies, Standard Bank is betting on Brazilian companies that need to diversify abroad to recover from a recession at home.

Brazilian Companies Preferred By Africans

The largest creditor in South Africa in assets serves Brazilian clients in Africa, such as the mining company Vale and Petrobras, and sees opportunities for others on the continent, particularly in two major LNG projects in Mozambique with a combined projected investment of around US$ 55 billion.

“Our goal today is to outline the benefits and scale of Mozambican opportunities for Brazilian clients,” said Paul Taylor, global director of oil and gas at the bank, in a phone interview before meeting with Brazilian companies in São Paulo.

ARTICLE CONTINUES BELOW

Strategy Development

Natalia Dias, the bank’s president in Brazil, said that her Brazilian clients are trying to develop a more international business strategy after the recent crisis in Brazil, and it is still early to see what Bolsonaro’s policies will be once he takes office on January 1. “This is our bet. We still need to see what key measures the new government will take regarding foreign policy. We need to wait and see what the drivers will be,” she said.

Africa is a significant market for Brazil that will continue to grow, not only for companies that build roads, bridges, and ports, but also for Brazilian food exports.

With 60% of all arable and non-arable land in the world and similar soil conditions, Brazilian agribusiness companies should seek to produce in Africa to protect their market share, Dias said.

Bolsonaro’s Energy Plan Captivated The Market

Bolsonaro presented a policy plan for his potential government as well as a review of the country’s production sharing regime for pre-salt fields. The plan reinforced expectations that Bolsonaro will likely continue with the reform efforts that attracted investments from heavyweights such as BP, Equinor, ExxonMobil, Shell, and Total. Learn More About These Reforms Here.

Brazilian Companies Are Called By Africa to Operate in the Oil and Gas Sector in the Country

Authorities And Major African Players Wish To Prefer Brazilian Service Providers Due To Our Expertise In Exploring Large Marine Reserves

Brazilian Companies Preferred By Africans

Strategy Development

Bolsonaro’s Energy Plan Captivated The Market

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Brazilian Companies Are Called By Africa to Operate in the Oil and Gas Sector in the Country

Authorities And Major African Players Wish To Prefer Brazilian Service Providers Due To Our Expertise In Exploring Large Marine Reserves

Brazilian Companies Preferred By Africans

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Seen from space, an image taken by an astronaut shows an unlikely oasis in the Saudi Arabian desert, protected by a terrain that slows the advance of sand, surrounded by green circles, remnants of an extinct lake and nearly 10,000 years of preserved history.

While the U.S. still faces limitations in deep space, China is developing unprecedented technology with strategic satellites that maintain communication with the far side of the Moon and aims for dominance by 2030.

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The Blood Falls of Antarctica hide a living ecosystem trapped under the ice for over 2 million years, where microbes survive without light, without oxygen, and without ever having seen the Sun.

In the Saudi Arabian desert, the world’s largest green hydrogen plant is 80% complete and will use 4 gigawatts of solar and wind energy to produce 600 tons of clean fuel per day when it opens in 2027.

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