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
| 13 Oct 25 |
Sea1 Offshore awarded contract for PSV Sea1 Atlas in Brazil Sea1 Offshore has been awarded a new contract for the Platform Supply Vessel Sea1 Atlas in Brazil with a duration of 3 years plus 6-month options at market terms. Commencement will be in Q1 2026. |
| 12 Oct 25 |
Brazil: Petrobras makes its first natural gas import from Argentina Petrobras and Pluspetrol carried out the first import of unconventional natural gas from Vaca Muerta , produced in the Neuquén Basin, Argentina. 100,000 cubic meters of natural gas, produced by POSA and Pluspetrol, were imported to test the commercial and operational framework of the operation. |
| 07 Oct 25 |
Brazil: AKOFS Offshore signs contract for 'AKOFS Santos' Akastor ASA’s 66.7% owned affiliate AKOFS Offshore has signed a firm contract for its vessel 'AKOFS Santos' following a competitive tender process. The vessel will continue to perform services as a Multi-Purpose Supply Vessel (MPSV) for Petróleo Brasileiro S.A. (Petrobras) in Brazil. |
| 05 Oct 25 |
Brazil: Petrobras begins contracting for the construction of FPSO Buzios 12 Petrobras began contracting October 3 for the construction of the FPSO Buzios 12 , which will be installed in the Santos Basin. The new unit, P-91, will be the 12th platform assigned to the Búzios field , consolidating it as the company's largest producing field and expanding its importance for the supply of natural gas in the country. |
| 04 Oct 25 |
Brazil: BP to seek partner for Bumerangue discovery offshore Brazil bp will seek a partner for its major Bumerangue oil and gas discovery in Brazil and could close a deal before making a final investment decision on the project. bp announced Bumerangue, located in the Santos Basin, as a significant discovery in August. |
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
