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Latin America - an incubator for upstream dynamism

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Report summary

Latin America has witnessed a rise in domestic oil players evident in revitalised National Oil Companies (NOCs) indigenous independents as well as local oil service providers in recent years. The growing use of service contracts in the region has also created more of a space for service companies domestic and international with International Oil Companies (IOCs) expected to adjust to the new contractual arrangements. At the same time local content policies in some countries are...

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This report includes 2 images and tables including:

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  • Selected Brazilian indigenous companies and net exploration acreage
  • Latin America - an incubator for upstream dynamism: Image 2

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