South America / GoM

Brazil flag
Summary | Profile

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

26 Jul 26
Brazil: Petrobras' P-33 truck has left the Port of Açu for sustainable disposal.
The P-33 platform began sailing July 23rd towards the Rio Grande shipyard, where it will undergo a sustainable recycling process. By 2030, Petrobras' Strategic Plan foresees the decommissioning of 18 platforms , including seven fixed platforms and 11 floating units.
22 Jul 26
Brazil: Vallourec wins a contract with Allseas for Atapu 2 offshore project in Brazil
Vallourec, a world leader in premium seamless tubular solutions, has been awarded a contract by Allseas for the supply of carbon steel seamless line pipes and thermal insulation coating for the Atapu 2 project developed by the Unitized ATAPU consortium operated by Petrobras.
08 Jul 26
Brazil: Statkraft to invest in 280 MW wind project in Brazil
Statkraft has decided to invest in Gran Sul, a 280 MW onshore wind project in the state of Rio Grande do Sul, Brazil. The investment strengthens Statkraft’s renewable energy portfolio in one of the company’s key international growth markets.
08 Jul 26
Brazil: Oceaneering secures Petrobras contract for ROV services offshore Brazil
Oceaneering International has announced that its Brazilian subsidiary, Marine Production Systems do Brasil LTDA ('MPS'), won a contract from Petrobras to deliver ROV services offshore Brazil. The award follows a competitive tender process. The contract term is four years and operations are expected to begin in 2027.
02 Jul 26
Brazil: Scatec starts commercial operations at Rio Urucuia solar plant in Brazil
Scatec, a leading renewable energy solutions provider, has started commercial operations of the 142 MW Rio Urucuia solar power plant in Minas Gerais, Brazil. Rio Urucuia is Scatec's third solar project in Brazil, bringing Scatec's total installed capacity in the country to 835 MW.

Brazil - more news

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