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Brazil M&A, Part 2: corporate landscape
The recent oil price rout will undoubtedly hinder dealmaking in Brazil as companies reassess their options. In the second of two insights, we take ...
Brazil offshore decommissioning scenario in the 2020s
Decommissioning activities in Brazil during the 2020s will require at least US$14.5 billion. Petrobras’ exclusivity in the past means the NOC will ...
Brazil’s new local content rules: 36 FPSOs and 21 billion barrels of oil unlocked for development
A new government policy allowing retroactive reductions in local content levels for existing projects is very positive for Brazil's oil and gas ind...
APPEA down under wrap-up
The 2022 APPEA conference was held in Brisbane from May 16 to 19th, with a theme of Positive Energy for a Changing World. Our key takeaways were: 1...
Arctic LNG-2 spearheads renewed Belt and Road focus for the Chinese NOCs
At China’s Second Belt and Road Forum, CNPC and CNOOC each acquired a 10% interest in Novatek’s Arctic LNG-2 development. This marks the largest ov...
Are the Majors transitioning out of Sub-Saharan Africa?
The Majors are positioning themselves for the energy transition. This means cutting back on oil investments and slimming down upstream portfolios t...
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