Brazilian Midstream And Downstream Oil And Gas

This new book reviews the key elements of the Brazilian upstream legal framework, including general Brazilian law, the regulatory entities and other players in the upstream sector, the new petroleum legal regime, decommissioning challenges and project finance opportunities

Oil and gas production is expected to increase over the coming decade, with the ANP projecting an output of 5.5 million bopd by 2027-2028. Furthermore, 44 offshore production systems are expected to come on line by 2030. Brazil has started to attract the attention of oil majors across the globe and will continue to be a regional investment hub for years to come. As such, the report covers the laws and regulations of the new administration that will shape the local investment environment. This third edition also delves into other attractive business opportunities in Brazil’s conventional offshore and onshore basins. Less than 30,000 wells have been drilled in the country’s oil and gas history, compared to almost double that in Argentina and more than 100 times that in the USA. The ANP recognises the need to incentivise E&P in areas the prolific Pre-Salt Polygon. Despite the progress being made in the development of Brazil’s oil and gas industry, challenges loom overhead. Environmental issues will come to the fore as some segments of society contest the new administration’s move to a more laisssez-faire market approach, particulary in areas near the Amazon rainforest. The government is under pressure to tackle these issues and push forward the industry’s development. Extensive in-depth analysis is supported by comprehensive maps, illustrations and graphs to create a market guide essential for players seeking to either expand their operations or enter the Brazilian oil and gas market.

This book describes the energy-law situation in Brazil. It focuses on three specific energy sectors: oil, natural gas and biofuel. The decision to concentrate on these areas takes into account the role that these energy sectors play in the economic, political and legal systems in Brazil, as well as the fact that they are the primary subjects of current discussions surrounding economic regulation in the country. The book, composed of thematic chapters authored by specialized legal researchers, analyzes the different aspects of the oil, gas and biofuels industry, starting with an introduction and technical points and followed by a discussion of the legal issues. It also considers the different legal areas used to examine the aforementioned energy sectors, such as regulatory law, environmental law, tax law, international law, among others. The book will serve as a valuable guide for researchers interested in understanding Brazilian energy law, and at the same it time presents the state of the art of studies carried out in Brazil.

This new edition includes updated versions of all of the chapters covered in the first edition including but not limited to the key elements of the Brazilian upstream legal framework, Brazilian law, the regulatory entities, other players in the upstream sector, the petroleum legal regime, decommissioning challenges and project finance.

This book investigates the role of the National Petroleum Council (CNP) and especially of Petrobras in the construction and shaping of courses in Geosciences, as part of the historical process of the search for and exploration of oil, which began in Brazil in 1864 and ended in 1968 with the discovery of the first offshore well. The book explores the history of the discovery of oil in Brazil together with the historical development of oil research and geosciences in Brazil. It also elucidates significant events and developments which occurred between 1864 and 1968 such as the foundation of the Ouro Preto Mining School, the foundation of the CNP and Petrobras and other scientific societies and universities and their contributions to the formation and constitution of geosciences in Brazil. This book also discusses the massive investments by CNP and Petrobras in technical and scientific research for oil exploration in the Brazilian territory.This unique book appeals to scientists, students and professionals in geosciences, history and related fields.

This book describes the energy-law situation in Brazil. It focuses on three specific energy sectors: oil, natural gas and biofuel. The decision to concentrate on these areas takes into account the role that these energy sectors play in the economic, political and legal systems in Brazil, as well as the fact that they are the primary subjects of current discussions surrounding economic regulation in the country. The book, composed of thematic chapters authored by specialized legal researchers, analyzes the different aspects of the oil, gas and biofuels industry, starting with an introduction and technical points and followed by a discussion of the legal issues. It also considers the different legal areas used to examine the aforementioned energy sectors, such as regulatory law, environmental law, tax law, international law, among others. The book will serve as a valuable guide for researchers interested in understanding Brazilian energy law, and at the same time it presents the state of the art of studies carried out in Brazil.