OTC Contact: Paige McCown, media@otcnet.org, +1.713.457.6826

OTC Announces Partnership with IBP for OTC Brasil 2013

Houston, Texas, USA and Rio de Janeiro, Brasil (1 May 2012) The Offshore Technology Conference (OTC) Board of Directors is pleased to announce a partnership with IBP - Instituto Brasileiro de Petróleo, Gás e Biocombustíveis (the Brazilian Petroleum, Gas, and Biofuels Institute, IBP) for OTC Brasil, 8-10 October 2013 in Rio de Janeiro.

“The inaugural OTC Brasil in 2011 was a great accomplishment,” said Steve Balint OTC chairman. “By partnering with IBP, which has been operating in Brazil for more than 50 years, OTC hopes to further the success and reach more industry professionals and exhibiting companies.”

The combination of the OTC Board of Directors, representing 13 technical associations, and IBP will create a dynamic partnership to provide our attendees and exhibitors a major and important event that adds value to their businesses and careers. The technical program for OTC Brasil will focus on deepwater developments, a key initiative of the Brazilian Government, since the big Pre-salt discoveries in 2007. Having the world's deepwater experts gathered together in Brazil will enable an excellent exchange of ideas and technology know-how.

“IBP is pleased to join OTC to bring the premier deepwater and offshore event to the growing market in Brazil, said João Carlos de Luca, President of IBP.

De Luca added, “As the main representative organization of the Brazilian oil & gas industry, counting with the support of its 220 associate companies (including Petrobras), IBP wishes to bring together all the major players and suppliers of this segment to a high level offshore conference in the OTC Brasil 2013”

The first OTC Brasil event was organized in conjunction with Quest Offshore Resources. “We sincerely appreciate the work of Quest Offshore Resources in helping OTC develop our first ever OTC event in Brazil” noted Steve Balint.

To participate in the technical program committee, contact Liliane Arroyave, +1.972.952.1156 , larroyave@otcnet.org. For exhibition and general information, contact otcbrasil@ibp.org.br.

About IBP

Founded in 1957, IBP is non-profit private association of companies and professionals working in all segments of the petroleum chain, aiming to create a competitive, sustainable, ethic and socially responsible national industry. For this purpose, the Institute performs studies and proposals to government authorities; organizes events, such as Rio Oil & Gas Expo and Conference, one the majors oil shows in the world; carries out short and post-graduation courses; edit technical books; and is accredited by the government to elaborate standards for petroleum derivatives and to certify company’s equipment inspection services (refineries, production facilities and petrochemical plants).

About OTC

Founded in 1969, the Offshore Technology Conference is the world’s foremost event for the development of offshore resources in the fields of drilling, exploration, production, and environmental protection. OTC is held annually at Reliant Center in Houston. Each year, OTC attracts more than 70,000 attendees and 2,000 exhibiting companies representing more than 110 countries.

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