Course Summary

This workshop introduces participants to the Latin American crude oil market and the countries with the most significant operations. This course will also review the geopolitics, state-owned national oil companies (NOC’s), and the regulatory environment specific to the most significant Latin American oil producing countries. The course will offer a special focus on crude oil operations, challenges and opportunities in Brazil, Mexico, Venezuela, Colombia, Peru, Argentina, and Chile. The course addresses both independent (IOC) and national (NOC) Latin American oil companies and includes review of major regional upstream, downstream, and refining operations.

Who Should Attend?

Global energy-related companies engaged in the due diligence process for potential joint venture, partnership, concession, or other assessment opportunities in the Latin American crude oil sector. Any professional, in any discipline, seeking a better understanding of analyzing opportunities in the complex Latin American energy market would find this course of interest including bankers, lawyers, analysts and other participants in the energy sector.

Course Contents

Day 1

• Overview of regional crude market
  
• Brazilian regulatory environment
  
• Agencia Nacional do Petroleo and its role
  
• Concessions in Brazil
  
• Brazilian deepwater, Presalt discoveries
  
• Role of oil juniors and independents in Brazil
  
• Brazil and its role in regional interdependence
  
• Brazilian production, reserves, and strategies for growth
  
• The Mexican crude market
  
• Role of CFE and the regulatory climate
  
• The role of the government and future prospects
  
• 2008 Energy Reform in Mexico
  
• Review of Mexican crude production, reserves and strategies
  

Day 2

• Venezuela - market overview
  
• Reserves and the Orinoco Belt
  
• Venezuelan crude production, reserves and strategies
  
• Geopolitics of Venezuela
  
• Colombian crude market production, reserves and strategies
  
• Colombian regulatory environment
  
• Colombia: a growth story in crude oil development
  
• The role of oil juniors in Colombia and Peru
  
• Growth in the Peruvian market
  
• Peruvian regulatory environment
  
• Peru's reserves, production and growth strategies
  
• The Andean markets of Chile, Argentina, and Bolivia
  
• Challenges and opportunities in Chile and Argentina
  
• Regulation and opportunity in Chile
  
• Reserves and crude production in Chile and Argentina
  
• Regulation in Argentina and Bolivia