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
| 05 Nov 25 |
Brazil: Búzios field reaches record production of 1 million barrels of oil per day The Búzios field, operated by Petrobras in the Santos Basin, reached a record daily average production of 1 million barrels per day on October 29th, surpassing the previous mark of 900,000 barrels achieved in August. The largest in the country in terms of reserves, Búzios is the second Petrobras field to exceed the 1 million barrel per day production mark. |
| 05 Nov 25 |
Brazil: DOF Group announces contract extensions for three PLSVs in Brazil DOF Group has announced that three PLSVs (pipelay support vessels) owned through a joint venture between DOF (50%) and TechnipFMC (50%)have secured contract extensions with Petrobras in Brazil. |
| 03 Nov 25 |
Brazil: Allseas awarded Atapu-2 subsea contract by Petrobras Petrobras has contracted Allseas to deliver a rigid riser-based subsea solution for the ultra-deepwater Ataptu-2 pre-salt field development, 230 kms offshore Rio de Janeiro, Brazil. |
| 03 Nov 25 |
Brazil: Vallourec wins a major deep water integrated contract with TechnipFMC in Brazil Vallourec, a world leader in premium seamless tubular solutions, announces that it has secured a contract with TechnipFMC to supply line pipes for the Orca project (formerly known as Gato do Mato), a major deepwater development located in the Santos Basin. Basin (Brazil), operated by Shell Brasil. T |
| 30 Oct 25 |
Brazil: bp progresses plans for the significant Bumerangue discovery, offshore Brazil bp has provided an update following its significant hydrocarbon discovery at the Bumerangue block, located in the pre-salt Santos Basin, offshore Brazil. The discovery marks bp’s largest in 25 years, reinforcing the company’s commitment to growing its upstream portfolio and establishing a material, advantaged production hub 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
