Subsea Expo

The voice of the UK subsea industry

Oil and Gas: Investments in Brazil

29 November 2012

Since the pre-salt findings, Brazil has gone through a huge transformation with companies from around the globe looking to invest into the country and analysing the potential of future projects related to oil & gas. However, together with the business opportunities there are still many commercial, technical and legal challenges to establish a successful project. Most of the projects in the pre-salt require enormous investment and the most cutting edge technology in order to overcome these geological challenges. From a legal perspective the country is moving towards a new type of government contract which will change the relationship between the investors, the government and the national oil company, Petrobras.

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