A player in Brazil
This summer all eyes are on Brazil and the World Cup. The country is fueled by its energy sector. Though, somewhat throttled by the financial turmoil there is still samba, soccer and momentum in the 202 million people market. Skanska has been a player in Brazil since 2002.
After decades of slumbering the Brazil economy took a great leap in the beginning of the new millennium. The emerging industry is fueled by one of the world's largest sources of oil and gas. The country ranks eleventh in the world when it comes to crude oil production. And Brazil is striving to increase its refining capacity and its domestic petrochemical production.
Oil & gas projects
Skanska Latin America is one of the region's leading contractors focusing primarily on engineering, construction, operation and maintenance services for the international energy industry. The unit has 13,000 employees of which about 5,000 are engaged in six projects in Brazil.
One of Skanska's biggest projects is the construction of an Atmospheric and Vacuum Distillation Unit, UDAV, one step in the process of crude oil at a refinery in the Rio de Janeiro province. Skanska's contracts totals USD 600 Million and refers to both engineering and civil construction as well as electromechanical assembly.
5 million safe hours
At peak, about 2,700 workers were involved in the project which began in 2010 and is expected to be completed in 2016. The project has achieved more than 5,000,000 hours worked without accidents with lost time since July 2012.