feature story Mariano Vela discusses O&G industry in Brazil in FGV Energia webinar

On June 1st, Chevron Brasil Country Manager, Mariano Vela, participated in a webinar about the oil and gas industry in the post-pandemic. The discuss was promoted by FGV Energia and also brought together the leaders of other five oil companies operating in Brazil – Petrobras, Shell, Equinor, Total and BP Energy do Brasil. They addressed the impact of Covid-19 on the industry and the actions taken by companies to preserve cash; discussed the business prospects in the country and emphasized the need for the country to keep a stable regulatory environment for future investments in the sector.

At the virtual meeting, Mariano gave an overview of the response initiatives to the current scenario adopted by Chevron in the world and how Brasil fits into this plan. He highlighted that the country plays an important role in the company’s portfolio and recalled the company changes in focus in Brazil due to the sale of assets in the post-salt and the subsequent acquisition of 11 blocks in the pre-salt in recent years.

The President also spoke about the work being done by the Crisis Management Team to preserve the team health and safety due to the coronavirus pandemic.