South America / GoM
Country profile: Brazil
| Location: | Eastern South America, bordering the Atlantic Ocean |
| Climate: | mostly tropical, but temperate in south |
| Terrain: | mostly flat to rolling lowlands in north; some plains, hills, mountains, and narrow coastal belt |
| Size: | 8511965 sq. km total (Land area: 8456510 sq. km Water area: 55455 sq.km) |
| Population: | 191,908,598 |
| Languages: | Portuguese (official and most widely spoken language); note - less common languages include Spanish (border areas and schools), German, Italian, Japanese, English, and a large number of minor Amerindian languages |
| Government: | federal republic |
| Capital city: | Brasilia |
| Legal system: | based on Roman codes; has not accepted compulsory ICJ jurisdiction |
| Currency: | real (BRL) |
| Licensing: |
Country profile
Brazil is the 10th largest energy consumer in the world and the third largest in the Western Hemisphere, behind the United States and Canada. Total primary energy consumption in Brazil has increased significantly in recent years. In addition, Brazil has made great strides in increasing its total energy production, particularly oil, over the past decade. Increasing domestic oil production has been a long-term goal of the Brazilian government.
The largest share of Brazil’s total energy consumption comes from oil (48 percent, including ethanol), followed by hydroelectricity (35 percent) and natural gas (7 percent). The large share of hydroelectricity in Brazil’s energy mix represents the dependence of electricity generation on hydroelectric dams. Natural gas is currently a small share of total energy consumption, but attempts to diversify electricity generation from hydropower to gas-fired power plants should cause natural gas consumption to grow in coming years.
Energy production and consumption
| Oil | Gas | |
| Production: | 1 million bbl/day (2006 est.) | 9 billion cu m (2005 est.) |
| Consumption: | 2 million bbl/day (2006 est.) | 17 billion cu m (2005 est.) |
| Exports: | 278,400 bbl/day (2005) | |
| Imports: | 674,500 bbl/day (2004) | 8 billion cu m (2005) |
| Reserves: | 13 billion bbl (2007 est.) | 312 billion cu m (1 January 2006 est.) |
| Major fields: |
Brazil - recent news
| 07 Jun 23 |
Brazil: TGS announces first 2D-cubed project in Brazil TGS has announced the Amazonia Azul 2D-cubed project, the first of its kind offshore Brazil. This project represents an expansion of TGS' multi-client data coverage in the region and aims to enhance the understanding of the Brazil Equatorial Margin area. Covering a vast area of 268,506 sq kms, the Amazonia Azul 2D-cubed project will play a crucial role in unlocking the potential of this offshore basin. |
| 06 Jun 23 |
Brazil: Strohm’s TCP solutions installed at PRIO’s Frade field The world’s leading composite pipe technology company Strohm was awarded a contract with independent E&P operator PRIO (formerly known as PetroRio) to provide its composite pipe solutions to support operations at its Frade field, located in the deepwater Northern Campos Basin off the coast of Brazil. |
| 05 Jun 23 |
Brazil: MODEC’s FPSO Almirante Barroso MV32 for Brazilian 'pre-salt' region achieves First Oil and starts 21-year time charter MODEC has announced that the FPSO Almirante Barroso MV32, deployed for production operations at the Búzios field in the giant 'pre-salt' region of the Santos Basin off the coast of Brazil, achieved First Oil production on May 31, 2023. The FPSO is leased on a 21-year time charter contract to Petrobras. |
| 01 Jun 23 |
Brazil: CNOOC Limited announces Buzios5 Project commences production CNOOC Limited has announced that the Buzios5 Project has commenced production. The Buzios oil field is located in the Santos Basin, offshore Brazil. It is the largest deep-water pre-salt oil field in the world, with a daily production of about 600,000 barrels at present. Buzios5 is the fifth phase of oil field development. |
| 01 Jun 23 |
Brazil: TotalEnergies signs Production Sharing Contract for the Agua Marinha offshore block TotalEnergies and its co-venturers Petrobras, QatarEnergy and PETRONAS Petróleo Brasil Ltda (PPBL) have signed the Production Sharing Contract (PSC) for the Agua Marinha block, which was awarded in the Open Acreage under Production Sharing Regime – 1st Cycle held by Brazil’s National Petroleum Agency (ANP) in December 2022. |
Brazil - more news
Other countries in this region
- Argentina,
- Aruba,
- Bahamas,
- Barbados,
- Belize,
- Bermuda,
- Bolivia,
- Canada,
- Chile,
- Colombia,
- Costa Rica,
- Cuba,
- Dominican Republic,
- Ecuador,
- Falklands,
- French Guiana,
- Grenada,
- Guatemala,
- Gulf of Mexico,
- Guyana,
- Honduras,
- Jamaica,
- Mexico,
- Nicaragua,
- Panama,
- Paraguay,
- Peru,
- Suriname,
- Trinidad,
- Uruguay,
- USA,
- Venezuela
