01/12/2014

ABRAN celebrates challenging year with Year-End Dinner

The Brazilian Association of Norwegian Shipowners, ABRAN, commemorates successful first year of activities with popular Year-End Dinner.

 

About 30 people attended the dinner at Lorenzo Bistro in Jardim Botânico in Rio de Janeiro on November 25, 2014. The president of ABEAM, Mr. Ronaldo Lima, and the president of the Norwegian Brazilian Chamber of Commerce, Mr. Halvard Idland, were among the guests at the event. 

 

In his address to the dinner guests, ABRAN president José Roberto Neves thanked the members for their commitment and participation during the year that has passed. 

 

- Many consider 2014 a challenging year, especially when it comes to football. ABRAN has been facing challenges as well. Not because of the Germans, but because of the myriad of new resolutions, interpretations, rules and regulations that have come into effect this year, Mr. José Robert Neves said. 

 

The new Antaq Charter resolution is only one example.

 

- ABRAN reacted efficiently and immediately to the new resolution that would significantly challenge the way we operate. Abran´s reaction became a reference to the sector, and we are proud of the recognition as an active voice in matters of great importance to our sector. It has been a busy year, but very important to consolidate ABRAN´s role, Mr. Neves said.

 

He also complimented executive director Ricardo Fernandes for his dedication to ABRAN since the foundation in 2013, and recognized the importance of the support of Mr. Thomas Saxegaard, ABRAN´s right hand and vital contact in the Norwegian Shipowners Association (NSA), together with Lars Peder Solstad and Sturla Henriksen.

 

Mr. Neves also highlighted several of the activities that ABRAN engaged in the past year. In 2014, ABRAN received the Norwegian Minister of Foreign Affairs, Mr. Børge Brende, his Deputy Minister Morten Høglund and the Deputy Minister of Petroleum and Energy, Mr. Kåre Fostervold during their visits to Rio de Janeiro.

 

- Several meetings were held with many high profiled Norwegian politicians. We have also been involved in the negotiations on a bilateral maritime agreement between Norway and Brazil, and we organized a successful seminar on the growth of the Brazilian oil and gas industry and the challenges on the regulations of the maritime and offshore support shipping industry, together with FGV-Rio, during Rio Oil and Gas 2014, Mr. Neves said. 

 

The new Brazilian Anti-Corruption Act has also been high on the agenda for ABRAN this year.

 

 

POSITIVE OUTLOOK

 

The dinner on November 25 was preceded by a presentation on the current situation in the Brazilian oil and gas industry, given by Mr. Alfredo Renault to the ABRAN board. Mr. Renault is a consultant at RioSil Consultoria, and has many years of experience from the industry. He teaches chemical engineering and economy at the Rio universities UFRJ and PUC, and has worked in ANP and ONIP.

 

Despite setbacks and the challenges that the current economic scenario pose, Mr. Renault presented an optimistic outlook on the Brazilian oil and gas industry.

 

- Nothing can change the fact that Brazil has huge oil reserves. Six of the ten biggest discoveries in the world since 2008 has been made in Brazil. The Brazilian oil industry will represent one third of the global offshore demand the next ten years. Less than half of the pre-salt areas are currently under contract. Estimates show that Brazil will spend 11 billion USD on operational costs with suppliers in 2020. According to Abeam, the demand for offshore support vessel in 2020 will be of 686 vessels. This is good news for you, and why we can allow ourselves to be optimistic, Mr. Renault said.

 

He expects some adjustments from the new federal government, and in his very frank presentation, he identified several items that the authorities should address. A huge responsibility has been laid on Petrobras, as sole operator on pre-salt fields, requiring huge investments from the company. At the same time, Petrobras has seen its earnings fall, as authorities keep the prices of derivates low. As a result, the company has had less money to spend in these vital times for the Brazilian oil industry.

 

- The production of oil is still not increasing as expected, despite the pre-salt discoveries that has been made. The pre-salt production is in fact accelerating, and we can still expect a huge ramp-up. But due to lack of attention on maintenance of infrastructure in the Campos Basin, the total production remains about the same. Pre-salt will however overcome this. New technology will also lower the costs, and the future looks bright, he said.

 

 

ABOUT ABRAN

 

The Brazilian Association of Norwegian Shipowners, ABRAN, was established in 2013 as the first international division of Norwegian Shipowners´Association. The main objective is to foster coordination among Norwegian shipowners in Brazil and contribute to a sustainable and profitable business environment in the country. 

 

 

By Runa Hestmann