History

Geogas is a Brazilian company, established in September 2008, whose main goal is to provide services of compression and treatment of natural gas for the Brazilian onshore market. It was a result of the partnership established in March 2008 with Valerus, an American corporation specialized in the fabrication of equipment to serve the oil and gas industries internationally.

Indeed, in April 2008, Geogas, together with its new partner Valerus, won the bid for compression services in Congonhas Station-Minas Gerais State and in December of that same year won another bid for gas compression in Tapinhoã- Rio de Janeiro State. Both contracts were awarded by the company Transportadora de Gás Associado – TAG.

In the above projects, Geogas, acting as the operating arm of the Valerus-Geogas partnership, undertook responsibility for mobilizing, building and operating the two gas compression plants with total power of 25,000 HP. Thus, in a period of just eight months, Geogas has already taken 25% of the total market share at that time.

The challenge was huge and the result was great, since the two plants were installed in the record time of 100 days in Congonhas and 150 days in Tapinhoã. After both stations were installed, Geogas started the operation and maintenance phase under a contract for 5 years term.

Fueled by the success of these 2 projects and attentive to changes in the gas and energy market in Brazil, Geogas positioned itself to offer integrated solutions for treatment of natural gas to its customers.

Indeed, in 2011Geogas won the bid to provide, under the EPC contract model, the production system (210 MMcsfd) for collection, transport and treatment the gas from Parnaíba Basin- Maranhão State.

This venture became a reference to the industry at an international level, due the adoption of the plant fabrication in modular concept which allows flexibility for manufacturing, assembling, transportation and installation the modules on site. Besides that various shops can be used simultaneously to improve the level of prefabrication activities off site and under roof which save a lot of time on the whole project execution schedule.

The combination of modular and prefabrication concepts has allowed the delivery of the whole Parnaiba Gas Production System in just 55 weeks, from the P.O. issuing date November 11, 2011 to 11/26/2012- date when the gas became available for dispatching to feed a Thermoelectrical Plant. In the peak of the project 300 was employed on site.

Geogas

The Parnaíba Gas Production System encompasses:

  • the surface equipment for monitoring and control the production wells;
  • the pipelines for collection, transport and dispatch the gas;
  • the three-phase fluid separation equipment;
  • the process equipment to specify the gas as per Market requirement;
  • the stabilization, storage and loading device for the condensates;
  • the treatment, tanking and injection of the produced water;
  • the city gate to deliver the gas for the turbines of the power plant;

All systems and subsystems were sized for flow rate of 210 MM scfd and subsequently the facilities were expanded for handling 8.0 MM scfd.

OUR POLICY

OUR MISSION

Provide integrated solutions in oil and gas treatment and handling services, from production areas to customer facilities, working safely and responsibly with high technology, adding value to investors, customers, employees, suppliers and society.

OUR VISION

Consolidate as a leading company in the Brazilian onshore market as a provider of complete solutions for gathering and treating natural gas from production wells to the delivery point on Customer’s facilities.

OUR VALUES

Respect for people and the environment;
Transparency and integrity in relations;
Sense of belonging;
Provide technological solutions and innovations;
Training and continuous learning;
Satisfaction of internal and external customers and other interested parts;
Commitment to achieve the operational and economical results as planned.

Transparency

It is the responsibility of all our employees, subcontractors and suppliers to follow the Geogas Policy and Code of Conduct, as well as Law 12.846/13, regulated by Decree 8.420/2015.

Geogas offers a safe channel to report any type of action that does not comply with this direction.

transparencia@geogas.com.br

GEOGAS' POLICY

Geogas´s focuses on knowledge, creativity and teamwork to achieve and exceed the performance requirements in natural gas compression and treatment services contracted with its customers throughout Brazil; adopt safe practices in carrying out their activities to preserve people’s health and the environment; observes the social and contractual relations agreed upon; practices competitive pricing; invests in training and welfare of its personnel; have long-term vision. This policy is supported on the following grounds:

  • Training for capacity building, enhancement of personal skills, talent identification and promotion of teamwork;
  • Identification, mapping, mitigation and elimination of hazards;
  • Promotion of ethical values in social and commercial relationships;
  • Compliance with legislation, contractual requirements and other requirements which the organization subscribes, related to the Integrated Management System;
  • Pursuit of continuous process improvement;
  • Focus on customer satisfaction;
  • Commitment to the integrated management system.

CODE OF ETHICAL CONDUCT

It is the duty of GEOGAS to ensure that the foundations of its POLICY, MISSION, VISION and VALUES are established in the conduct of its business, activities and relationships.

To this end, the duties of all its employees are:

  • Know, follow and disseminate the strategic guidelines of Geogas (Policy, Mission, Vision, Values and this Code of Conduct) and the rules of personal and collective safety.
  • Be committed to the goal of not causing harm to people and protecting the environment – Zero Accidents, without damage and without negative impacts to the environment.
  • Take care of yourself, your colleagues and allow yourself to be cared for (Friend of the Breast);
  • Perform its function respecting the statutory and regulatory requirements, provided for in the legal system – in general – and those specific to each type of activity performed; it must also know and respect the requirements of the clients, even if not explicitly stated;
  • Act with transparency, loyalty and integrity towards colleagues, the company, customers, shareholders, suppliers and business partners;
  • No employee shall act in a manner that discriminates against the race, culture, religion, age, sex, physical condition, political opinion, or any other condition of the persons with whom he or she interacts. Ensuring a work environment that respects, welcomes and promotes diversity is everyone’s duty;
  • Work cooperatively, open to diversity of opinions and stimulating learning;
  • Abstain, do not practice and do not condone any type of aggressive behavior or physical and psychological violence, including moral or sexual harassment, in addition to welcoming the person who reports being a victim of such practices;
  • Immediately denounce any attitude of violation of human rights, of a prejudiced, discriminatory or violent nature that you have experienced or witnessed;
  • Immediately denounce degrading labor practices or those analogous to slave labor, exploitation of child labor, establishing punitive measures such as the application of a fine, contractual termination and denunciation to the competent institutions in case of violation;
  • Follow Geogas’ Information Security Policy;
  • Not to use or allow them to use available and private information of the company, customers and partners, which are not exclusively within the scope necessary for the performance of their professional activities and without prior authorization. Knowledge of the internal situation of the company should not be used. The; The confidentiality of the data shall be preserved;
  • Ensure that personal data are limited to the minimum necessary for the development of its activity and compatible with the purposes, before collecting, accessing, using, storing, disclosing or carrying out any other type of treatment;
  • Protect the tangible assets (against loss and damage) and intangibles of the company. Company resources should be used only for business purposes;
  • Ensure the image of Geogas, and the performance of its functions should be oriented in this direction;
  • It is forbidden to take undue advantage of your position in the company, as well as to induce or persuade colleagues, business partners and public agents. Activities must be carried out with integrity and loyalty;
  • It is forbidden to induce or persuade colleagues to act improperly or illegally on behalf of or on behalf of the company;
  • It is forbidden to receive and allow others to receive or grant to third parties, advantages that go beyond the usual commercial policies, according to internal rules and guidelines of the applicable legislation;
  • It is forbidden to omit to face situations of fraud and corruption, in any form, whether direct or indirect, actively or passively, involving or not monetary values;
  • Not to interact on behalf of Geogas with public agents or make public statements on behalf of the company without express authorization;
  • Not to engage in or perform directly or indirectly any activity that conflicts with the interests of Geogas;
  • Declare yourself prevented or report possible situations of conflict of interest that you have knowledge of to the direct manager or through the Transparency Channel.