Insight
Brazil’s new local content rules: 36 FPSOs and 21 billion barrels of oil unlocked for development
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
A new government policy allowing retroactive reductions in local content levels for existing projects is very positive for Brazil's oil and gas industry. These sensible reforms are laying the groundwork for faster FPSO deployment and paving the way for the pre-salt to potentially add millions of barrels of production per day by the mid 2020s. This will help unlock a total of 21 billion barrels of additional reserves. A faster ramp up is not only good for operators, but will also benefit Brazil through greatly increased royalty collection and more jobs in the shipping sector. Please see the slide-pack in the Downloads section for full details.
Table of contents
- How sensible reforms are laying the groundwork for faster FPSO deployment and production ramp up
Tables and charts
No table or charts specified
What's included
This report contains:
Other reports you may be interested in
Asset Report
Mero and Libra
Mero is one of Brazil's flagship pre-salt oil and gas developments in the Santos basin. Petrobras carved out the field from the ...
$3,720
Insight
Brazil's pre-salt coverage overview
Brazil's pre-salt is one of the most relevant deepwater plays with a huge resource base and impressive well productivity.
$1,350
Asset Report
Yaran North
The Yaran field is located 95 kilometres west of Ahvaz and adjacent to the Iraqi border. The field is shared with Iraq, where it is ...
$3,720
