Embargoed For Release 1445 Hours UK Time Wednesday 25th September
London, 25th September 2013 – FAPESP, Brazil’s leading regional funding agency for scientific research, and BG Brasil (member of BG Group) today signed a US$20 million cooperation agreement to jointly fund clean energy research and development, helping the country to sustainably exploit its huge oil and gas potential.
The purpose of the agreement between BG Brasil and FAPESP (São Paulo Research Foundation) is to fund a Research Centre for Gas Innovation in São Paulo state, by selecting research proposals to work on the following themes: clean energy consumption to mitigate generation of greenhouse gases; developing natural gas as fuel for shipping; improved engineering techniques for gas production; and the conversion of gas into chemical feedstocks, including hydrogen. Each partner will invest up to US$10 million over a five-year period.
The agreement was signed during a ceremony at Brazil’s London Embassy. Sir John Grant, BG Group’s Executive Vice President, Policy and Corporate Affairs, and FAPESP President Celso Lafer attended the ceremony.
Olivier Wambersie, Chief Technology Officer of BG Group, said “BG Group’s approach to R&D, in line with its corporate strategy, is very much to collaborate in partnership with world class scientific centres and apply innovations to the business issues we face. The R&D levy generated from our oil and gas production in Brazil provides us with the funding for our research in country.”
“Technology is amongst the priorities of BG Brasil. We plan an investment of nearly US$30 million in research and development in 2013”, said BG Brasil President Nelson Silva.
“Proper scientific study of energy efficiency and the mitigation of greenhouse gases will contribute to enhanced energy security as the shift to gas continues, not only in Brazil, but worldwide,” said Prof. Lafer.
“The collaboration is interesting because it deals with topics of common interest to a company to and an institution for research funding, and also because it deals with one the major concerns of FAPESP, helping stimulate technological innovation that will raise the competitiveness of Brazil.”
“As Brazil is emerging as a global energy producer, the Centre will help ensure Brazil strengthens its reputation for sustainable energy consumption and responsible best practice,” he added.
“The partnership with BG Brasil adds to FAPESP’s strong portfolio of support for university-industry joint research. The long term envisioned for the Research Centre for Gas Innovation — to be implemented through an open call for proposals — allows the Centre to have bold objectives in the creation of new knowledge and its applications, as well as the training of scientists and engineers,” said Professor Carlos Henrique de Brito Cruz, scientific director of FAPESP.
Responsible energy usage underlies two of FAPESP’s core themes for research funding. Its BIOEN programme supports the world’s leading research on renewable fuel; while its climate change initiatives co-funded the Brazilian Earth System Model (BESM) that produced information integrated into the IPCC’s report to be disclosed on September 27th by the Intergovernmental Panel on Climate Change.
Note to editors: The agreement was announced today as part of FAPESP Week (25th-27th September). This conference, being held at the Royal Society, brings together leading scientists and policymakers from the UK, Brazil and European nations. David Willetts MP, Universities and Science Minister, opened the conference with a keynote address. The conference covers developments in: Climate change, Health science, Biofuels, Biodiversity, and Nanotechnology.
São Paulo Research Foundation (FAPESP) is Brazil’s leading regional grant-funding body. The State constitution allocates 1% of all state taxes to the foundation. FAPESP’s expenditure in 2012 was of R$ 1.035 billion (approximately US$ 500 million/£300 million). FAPESP recently announced an 11-year support to 17 targeted research centres, with a total of US$680 million of own and matched funds.
FAPESP’s key areas of funding in sciences are: Biodiversity; Climate Change; Biofuels. For further information visit: http://www.fapesp.br/en/
About BG Brasil
BG Brasil is part of BG Group, a company with operations in oil and gas exploration andproduction and liquefied natural gas in over 20 countries. In the Santos Basin pre-salt, BG Brasil has participation in four blocks that include large discoveries as Lula, Iracema, Iara, Sapinhoá and Carioca. In Barreirinhas Basin, located in the Brazilian equatorial margin of Maranhão State, the company is operator with 100% participation in six blocks and 50% participation in four blocks.
About BG Group
BG Group plc (LSE: BG.L) is a world leader in natural gas, with a broad portfolio of business interests focused on exploration and production and liquefied natural gas. Active in more than 20 countries on five continents, BG Group combines a deep
understanding of gas markets with a proven track record in finding and commercialising reserves.
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