"Sproule is extremely pleased to have Mr. Narciso join the team as Regional Director, Brazil, particularly as we execute on a strategy to expand our geographical footprint and expertise across Latin America" said President and CEO, Lowy Gunnewiek. "Sproule's independent energy consulting and advisory services make the Brazilian market a natural extension for the organization as our reserves certification expertise can support new requirements required by E&P companies."
From 2006 through 2010, Narciso served as Director of the Brazilian regulatory agency, ANP. Narciso developed a broad vision for the sector's regulatory framework, designed to support investment in the country's oil and gas industry. During his tenure, Narciso was also responsible for creating the local content segment, and led the gas flaring reduction program, fiscal metering program and bid round processes.
"Brazil's oil and gas market represents a significant opportunity with Petrobras' divestment program and the upcoming bid round," said Christoffer Mylde, Vice President, Corporate Development. "Sproule's strategic advisory practice will assist clients with asset valuations and M&A advisory services and we are delighted to have Mr. Narciso provide local relationship support," said Mylde.
Sproule is a global energy consulting firm helping E&P companies, financial institutions and governments minimize risk and optimize business decisions through our in-depth geoscience and engineering expertise and strong commercial understanding of energy markets and policy requirements. Sproule is headquartered in Calgary, Canada and has offices in Bogotá, Colombia and Rio De Janeiro, Brazil.