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
| 02 Apr 26 |
Brazil: Constellation announces successful conclusion of renegotiation with Petrobras, securing US$1.1 billion backlog and extending key contracts Constellation Oil Services has announced the successful conclusion of negotiations with Petrobras, securing US$1.1 billion backlog and extending key contracts. The amendments add together nearly 10 years of contract extensions for the Brava Star ultra-deepwater DP drillship and the Gold Star and Alpha Star 6th generation ultra-deepwater semi-submersible rigs. |
| 31 Mar 26 |
Brazil: Fugro to conduct geotechnical campaign for South America’s first licensed offshore wind project Petrobras has selected Fugro to deliver a geotechnical site investigation for the Rio de Janeiro Offshore Wind Pilot Project, the first offshore wind development in South America to advance under a formal environmental licensing process. |
| 31 Mar 26 |
Brazil: Searcher completes Phase 3 of Pelotas Basin Project Searcher has announced the completion of Phase 3 of its multi-client 3D seismic acquisition in the Pelotas Basin, offshore Brazil. In this latest phase - executed in close collaboration with its partner Shearwater - the companies acquired an additional 7,500 sq km of high-quality 3D seismic data, bringing the total coverage in the basin to over 17,000 sq km. |
| 27 Mar 26 |
Brazil: Petrobras announces new oil discovery in the pre-salt layer of the Campos Basin Petrobras has identified the presence of excellent quality oil in the pre-salt layer of the Campos Basin, in an exploratory well drilled in the Marlim Sul field. Well 3-BRSA-1397-RJS is located 113 km off the coast, at a water depth of 1,178 meters. |
| 24 Mar 26 |
Brazil: Equinor starts drilling major gas development in Brazil Equinor has started the drilling phase for the Raia project in the pre salt of the Campos Basin, Brazil. The Valaris DS-17 drillship started drilling operations, today 24 March. This marks a key milestone for the partnership as the project progresses towards planned start up in 2028. |
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
