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
| 22 Aug 25 |
Brazil's ANP to offer seven blocks in the 3rd Cycle of the Open Acreage of Production Sharing (OPP) The National Agency of Petroleum, Natural Gas, and Biofuels (ANP) has released the list of blocks that will be offered in the public session of the 3rd Cycle of the Open Acreage of Production Sharing (OPP). A total of seven blocks will be offered. The public session will take place on October 22, 2025. |
| 21 Aug 25 |
Brazil: DOF Group announces contract awards in Brazil DOF Group has announced an addendum to its long-term inspection contract (PIDF) with Petrobras in Brazil. The addendum comprises additional scope of work, which is expected to be concluded by the end of 2025. Stril Explorer, Geoholm and Skandi Carla are currently operating on this contract. |
| 20 Aug 25 |
Brazil: Drilling rig chartered by Petrobras arrives in Amapá to take part in drill exercise The NS-42 drilling rig, chartered by Petrobras, arrived at the location, in block FZA-M-59, in deep waters of Amapá, on August 18th. The vessel will be used during the Pre-Operational Assessment (APO), which is scheduled to begin on August 24th. |
| 20 Aug 25 |
Brazil: OceanPact signs BRL 3.2 billion contracts with Petrobras for chartering four RSVs OceanPact has signed four new contracts with Petrobras, totaling approx. BRL 3.2 billion, for the chartering of ROV Support Vessels (RSVs) over a four-year period. |
| 19 Aug 25 |
Brazil: Indonesia Energy signs MoU with Brazilian energy company to explore energy opportunities in Brazil Indonesia Energy Corporation ('IEC') has signed a MOU with Aguila Energia e Participações Ltda. ('AEP'), an affiliate of Rio de Janeiro–based investment firm Aguila Capital. The MOU will allow the parties to jointly identify, evaluate, and pursue potential opportunities to acquire or participate in oil and gas or other energy-related assets and projects located in Brazil. |
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
