ITALY TO ATTEND BRAZIL'S OFFSHORE TECHNOLOGY CONFERENCE

(VELINO) Roma, 2 Oct - A group of Italian companies are due toattend the next edition of the "Offshore Technology Conference(OTC) Brasil 2015", to be held in Rio de Janeiro from Oct. 27to 29. The Italian-Brazilian Chamber of Commerce and Industryof Rio de Janeiro will coordinate the "Spazio Italia" inpartnership with the Consulate General in the city. OTC is anevent where energy professionals gather to exchange ideas andopinions on the topic of offshore resources and environmentalissues. Established in 1969, the main conference of OTCSI takesplace annually in Houston, but there are

(VELINO) Roma, 2 Oct - A group of Italian companies are due toattend the next edition of the "Offshore Technology Conference(OTC) Brasil 2015", to be held in Rio de Janeiro from Oct. 27to 29. The Italian-Brazilian Chamber of Commerce and Industryof Rio de Janeiro will coordinate the "Spazio Italia" inpartnership with the Consulate General in the city. OTC is anevent where energy professionals gather to exchange ideas andopinions on the topic of offshore resources and environmentalissues. Established in 1969, the main conference of OTCSI takesplace annually in Houston, but there are also others such asOTC Asia, the Arctic Technology Conference (ATC) and OTCBrasil. The latter is the most important biennial oil and gasindustry event in Latin America. So much so that it received15,000 visitors last year and this year the organisers expectit to grow further. Rio de Janeiro is known as the "Brazilianoil capital", in that the state contains 80 percent of all theoil produced in the country and 50 percent of gas production.The event promises to be an exciting opportunity for Italiancompanies because according to the study "World EnergyOutlook", conducted by the IEA (the International EnergyAgency), in 2035 Brazil will be self-sufficient in energy, aleader in deepwater oil exploration and with a wide network ofrenewable sources, which will place it in a strategic positionin the world. In addition to this is the fact that relationsbetween Italy and Brazil are in a particularly positive phase,as confirmed by the good results of the Sixth CooperationCouncil, which was held in Brasilia on Apr. 15, 2015. This ledto projects and initiatives useful for the further deepening ofcooperation in a wide range of sectors. The Sao Paolo area isalso home to over half of the Italian companies operating inBrazil. vel.