PreSalt.com

  • Increase font size
  • Default font size
  • Decrease font size
Home All News News BG Brazil will invest U.S. $ 20 billion in oil and gas in the country by 2020

BG Brazil will invest U.S. $ 20 billion in oil and gas in the country by 2020

E-mail Print PDF

18 Nov 2009 - by PreSalt.com - Source: Agência Brasil

The president of Brazil BG (BG.L, BG.LN), Nelson Silva said today (17) that the company plans to invest $ 20 billion in the country until 2020.

He said the country will be responsible for one third of the total oil and gas company in the world when the fields of pre-salt were produced - which will make Brazil the world's largest producer of the company.

BG Brazil and Petrobras (Bovespa: PETR3/PETR4, NYSE: PBR / PBRA, Latibex: XPBR / XPBRA, BCBA: APBR / APBRA) today formalized the creation of a joint venture to develop the Feed (Front End Engineering and Design - project engineering and design) with the objective of building a floating liquefaction of natural gas in the pre-salt the Santos Basin.

The company is a leading producer and supplier of gas in the world and is present in 22 countries. In Brazil, it is present in seven exploration blocks for oil and gas, with about 20% share of the fields that Petrobras operates in the pre-salt, including Tupi, Carioca, Parati, Guara, Iracema and Iara.

 

PreSalt.com - World Maps of Pre-Salt Activities

Português

Users

PreSalt.com Stats Flags

Top 20:
United States flag 39.7%United States
Unknown flag 15.2%Unknown
Brazil flag 11.7%Brazil
United Kingdom flag 6.8%United Kingdom
Norway flag 2.8%Norway
France flag 2.5%France
Germany flag 1.6%Germany
Russian Federation flag 1.4%Russian Federation
Belgium flag 1.2%Belgium
Spain flag 1.1%Spain
India flag 1.1%India
Argentina flag 1.0%Argentina
Italy flag <1.0%Italy
Netherlands flag <1.0%Netherlands
Israel flag <1.0%Israel
Japan flag <1.0%Japan
Portugal flag <1.0%Portugal
Australia flag <1.0%Australia
China flag <1.0%China
Singapore flag <1.0%Singapore

PreSalt.com Toolbar

PreSalt.com Search

PreSalt.com Stock & Index

Powered by Stock Trader

Pre Salt Events

March 2010
M T W T F S S
1 2 3 4 5 6 7
8 9 10 11 12 13 14
15 16 17 18 19 20 21
22 23 24 25 26 27 28
29 30 31 1 2 3 4

PreSalt.com RSS Syndicator

PreSalt.com

Latest Pre Salt Events

Sponsors