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

08 Sep 26
Brazil: Shearwater and SLB launch Amapá 3D seismic survey offshore Brazil
Shearwater Geoservices has announced the launch of the Amapá 3D multi-client seismic survey in partnership with SLB. Located offshore Amapá in northern Brazil’s Equatorial Margin, the project represents one of Shearwater’s most significant multi-client investments and will expand high-quality 3D seismic coverage in an underexplored area of the basin.
08 Sep 26
Brazil: Búzios field breaks monthly and daily natural gas export records
For the first time in its history, the Búzios field surpassed the mark of 10 million m³/d of average natural gas exports in a single month . The result of 10.8 million m³/d achieved in July consolidates the field's growth trajectory and reinforces the operational reliability of its platforms in the continuous delivery of gas to the Brazilian market.
02 Sep 26
Brazil/Gulf of America: bp welcomes Shell into exploration prospects in Brazil and Gulf of America
bp and Shell have agreed terms for Shell to acquire a 50% stake in the Tupinambá exploration block in the Santos Basin, offshore Brazil, in addition to a 30% stake in five leases containing the Conifer exploration prospect in the deepwater Gulf of America Paleogene.
28 Aug 26
Brazil: Petrobras' P-80 and P-82 platforms, which will operate in Búzios, are christened at a shipyard in Singapore
Petrobras and Seatrium held a christening and sailaway ceremony for the P-80 and P-82 offshore platforms this Thursday (August 27th) at the Tuas Boulevard Yard shipyard in Singapore. The units will operate in the Búzios field, in the pre-salt layer of the Santos Basin, the largest field in reserves and production in Brazil.
26 Aug 26
Solstad Offshore announces contract award for CSV Normand Valiant
Solstad Offshore has announced a 2-year contract award with Petrobras for the Normand Valiant, a vessel owned by Solstad Maritime ASA. The vessel will provide accommodation services to support production activities on the Brazilian continental shelf.

Brazil - more news

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