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

07 Jul 25
Brazil/China: Brazilian and Chinese shipyards sign document to develop partnerships
Brazilian and Chinese shipyards signed memorandums of understanding to develop technological and commercial partnerships at the Strategic Forum for the Brazil-China Shipbuilding Industry in Rio de Janeiro.
07 Jul 25
Brazil: McDermott awarded offshore contract by Brazil's BRAVA Energia
McDermott has been awarded a sizeable offshore transportation and installation contract by BRAVA Energia, the most diversified independent oil and gas company in Brazil, for the Papa-Terra field in the Campos Basin and the Atlanta field in Block BS-4 within the Santos Basin, both offshore Brazil.
01 Jul 25
Brazil: DOF Group awarded two long term contracts with Petrobras in Brazil
DOF Group has announced two new contracts in Brazil. Skandi Logger, an AHTS with 250t bollard pull built in 2009, has been contracted for a 4-year engagement with Petrobras and Skandi Achiever has been contracted as RSV for a 4-year engagement with Petrobras.
30 Jun 25
Brazil: Fugro awarded four multi-year contracts by Petrobras
Petrobras has announced tender results awarding Fugro four significant multi-year contracts for the inspection and monitoring of critical subsea infrastructure in Brazil. The combined value of the contracts over the next four years is approximately USD 340 million.
26 Jun 25
Brazil: Petrobras signs agreement to develop offshore operations in Sao Paulo
Petrobras, the Secretariat for Economic Development of the State of São Paulo, the InvestSP agency and the Brazilian Energy Council (Brenc) formalized a protocol of intentions to boost the offshore sector on the coast of São Paulo, aiming to strengthen the oil, gas and energy production chain in Brazil.

Brazil - more news

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