A mission from Rio de Janeiro is in the UK , with the aim of attracting new investments in subsea equipment for oil and gas. The main objective of the mission, coordinated by the State Secretary of Economic Development, Energy, Industry and Services, Julio Bueno, will be the strengthen of the structure of the Subsea Cluster of Rio de Janeiro.

"We will present to a chain of companies in the sector, reasons to be in Rio de Janeiro, with the potential market that exists in the state from increasing demand foreseen for the exploration of pre-salt," says Bueno.

The government estimates a potential business of $700 billion in investments in the pre-salt in the next two decades. The Rio de Janeiro is the natural destination of these resources, because of its location closer to the reserves. Since 2012, the Department of Economic Development has been working in partnership to consolidate the structure of Subsea Cluster of Rio de Janeiro. To receive the business sector is being created by Codin, a center of marine equipments in Duque de Caxias. The expectation is to attract $ 2 billion in investment to the pole and generate over five thousand local jobs. Another area to accommodate these companies is that is located in the back area of the Port of Acu and integrates the Codin industrial district, where NOV, Technip, Wartsila and Intermoore are already installing. 

Joint actions

The delegation will sign a memorandum of understanding with the Minister of Energy and British, Michael Fallow, on the 10th, in London, to intensify joint efforts in the areas of investment attraction between the state of Rio de Janeiro and the British Government. The mission will also see the final preparations of the three British trade missions to come to Rio in 2014, also for the development of business in the supply chain of the oil and gas sector.

Julio Bueno and statewide Undersecretary of Energy, Logistics and Industrial Development, Marcelo Vertis will also participate in the 7th, in Aberdeen, of a lunch with the mayor, after a meeting organized by UKTI for planning future joint actions with the City of Aberdeen. Vertis presented in Newcastle, details of the business environment in Rio and the mechanisms of the Department of Development, and Codin and AgeRio to attract investments. Hundred British companies manufacturers of various areas of subsea equipment were invited to the presentation.

"Our goal is to attract at least 20 of these companies to Rio de Janeiro. This means a potential investment of $1 billion. Remembering that Codin's investment portfolio has £ 2 billion in investment from oil and gas businesses, "said the undersecretary.

The Rio mission will also participate in Aberdeen Subsea UK 's Fair Expo 2014 that will feature ten Brazilian companies, besides visiting some industries sector.