This research was motivated by the perception of momentum that the oil and gas industry is going through in Brazil, with the discovery of new oil reserves, and consequent economic growth of the country. Thus, from these new discoveries, several opportunities begin to arise for companies operating in this industry. However, due to the high complexity and investment required to serve this market segment, the formation of strategic alliances have become necessary to take better advantage of these various opportunities. Therefore, the objective is to contribute to studies on global strategic alliances, through a case study, identifying strategic alliances between the company Technip Brazil and the key players of the oil and gas in terms of constituting opportunities and / or threats. Given the importance of research and development for the evolution of the sector and the absence of a study that establishes the strategic implications of these types of alliances, the research aims to fill this gap. To this end, this study adapted the framework for strategic analysis of global relational from Macedo-Soares (2011) for identified alliances. The results demonstrate the strategic relevance and importance of the formation of these alliances, in order to seize opportunities and mitigate threats at the level of oil and gas industry.