In the world of Latin American oil-and-gas production, the name of the game has always been innovation, consistency and, importantly, security. Mexico has been able to maintain decent levels of security. But it has generally not been able to muster the technological know-how to stay at the forefront. At the same time, Venezuela has been historically able to largely meet technological demands. However, its security situation has now deteriorated to the point where extraction is proving impossible in many areas.
Maurício Mendonça Godoy personifies Brazil’s winning formula
But despite the jarring lawlessness endemic throughout much of the country, Brazil has been able to maintain all three of these factors. Part of the reason for this is the fact that the Brazilian population, its educational system and its culture regularly produce men like Maurício Mendonça Godoy.
With multiple degrees, including in engineering and business administration, Maurício Mendonça Godoy is the personification of Brazil’s winning formula in the petroleum sector. The CEO of Estaleiros do Brazil has literally written the book on managing complex oil-production companies, allowing the firms that he has led to maintain a level of operational security and continuity that would seem almost impossible amid a backdrop of a politically and socially chaotic country like Brazil.
At the same time, Maurício Mendonça Godoy has used his deep knowledge of engineering to help launch the P-74, one of the most advanced floating-production-storage-and-offloading rigs that have ever been pressed into service.
And this is no small contribution: Brazil is currently developing the majority of its new oil plays in ultra-deep waters, such as those covering the Buzios and Libra oil fields. These oil plays cannot be serviced by seabed-supported oil rigs. So, they must be exploited by advanced floating-production facilities like the P-74.
Maurício Mendonça Godoy and his firm have not only provided Brazil with the technology to stay at the forefront of Latin American oil production, but with the P-74, they have also produced the single most-advanced production ship in the world.