May 22, 2013Accelerate Oil & Gas

Rafael LourençoManager, Business DevelopmentBrazil-U.S. Business Council

• U.S. Section operates under the administrative aegis of the U.S. Chamber of Commerce

• Brazil Section of the council managed by the Brazilian National Confederation of Industry (Confederação Nacional da Indústria – CNI)

• Partners with the American Chambers of Commerce for Brazil(AmCham Brazil) and other associations as needed

• Premier business advocacy organization dedicated to strengthening the economic and commercial relationship between the two countries. 

Brazil-U.S. Business Council Leadership

Greg Page Chairman, U.S. Section

CEO & Chairman, Cargill

Frederico Curado Chairman, Brazil Section

President, Embraer

Apple

The Work of the Brazil Council

• Political advocacy on behalf of our member companies

• Business development activities such as business delegations to and from Brazil

Task Forces and Working Groups

•Defense and Security Task Force•Energy and Environment Task ForceOil & Gas Working GroupGreen Technology Working Group• Innovation Task Force•Tax & Investment Task Force• Trade Facilitation Task Force

Customs Modernization Working Group Infrastructure Working Group Regulatory and Standards Issues Working Group

Opportunities in the Brazilian O&G Sector

• First bidding round on “pre-salt” blocks – November

• First bidding round focused on natural gas in the country – October

• Shale exploration - Fracking

• Offshore Shipyards focused on rig (FPSOs/drilling rigs, etc.) maintenance and repairing

• Training of technical personnel for O&G operations

• Structural and tubular galvanization (particularly in the South and Northeast regions)

Challenges Faced by Foreign Investors in the Brazilian O&G Sector

• Deficit in qualified technical labor (retention/work visas)

• Deficit in crew personnel for vessels (training bottleneck)

• Difficulty meeting minimum local content requirements

• The “Brazil Cost”

The Brazil Council Oil & Gas Working Group

• Mapped out the main recurrent issues in the Brazilian O&G sector

•Defined a government affairs strategy to address these issues

•Has been engaging the Brazilian and U.S. governments and other key stakeholders to provide input on how to improve the O&G sector

Rafael LourençoManager, Business DevelopmentBrazil-U.S. Business CouncilTel: +55 21-3213-9215Cel: +55 21-9579-2670rlourenco@uschamber.com www.brazilcouncil.org

THANK YOU!