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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: upanddown who wrote (100752)	5/11/2008 2:34:14 PM
From: elmatador	Respond to of 206087

PBR started needs to kick off procurement now. Need to inform industry to get ready for ordering equipment. "If you look into what represents a system of production, you are talking about USD2 to 4 billion. entre 2 e 4 billions of dollars. Extrapolate the volumes and it is going to be several billion of dollars. Formigli gave some examples of the materials that are not manufactured in Brazil today but that will be required to extract oil from pre-salt. If demand is going to be too big, this demand signals to the market that they can gear up to produce in Brazil. Today there are several studies about the installation of manufacturers of turbines and compressors. Materials that resists corrosion of CO2 and H2S that are not the common carbon steel normally used in super alloys

To: upanddown who wrote (100752)	5/11/2008 4:09:29 PM
From: elmatador	Respond to of 206087

most likely wants local production. Limiting factor is the speed they need to get the equipment to kick start productrion faster. If government increase the requirements and this increases lead time PBR most likely stand their ground. They can show how much money goverment will get early in the game.

To: upanddown who wrote (100752)	5/11/2008 4:16:35 PM
From: elmatador	Respond to of 206087

Oil local content information: menas.co.uk