Brazil’s continued growth as a global energy powerhouse was underpinned by record-breaking oil and gas production in 2023 and sustained production in 2024 despite challenges, significant investments, and an ambitious roadmap for future exploration and development. The pre-salt basins remain the cornerstone of Brazil’s upstream activities, contributing the bulk of production growth and reserve replenishment. Key licensing rounds attracted both established players like Petrobras and Chevron, and new entrants, reinforcing Brazil’s appeal as an investment destination.
Meanwhile, regulatory reforms and infrastructure expansions, such as the Rota 3 pipeline and the Sergipe Deep Waters Project, aim to unlock the country’s vast natural gas potential, doubling production by 2034. These developments solidify Brazil’s position as a leader in hydrocarbons, even as the industry faces headwinds from environmental challenges and infrastructure bottlenecks.
Meanwhile, regulatory reforms and infrastructure expansions, such as the Rota 3 pipeline and the Sergipe Deep Waters Project, aim to unlock the country’s vast natural gas potential, doubling production by 2034. These developments solidify Brazil’s position as a leader in hydrocarbons, even as the industry faces headwinds from environmental challenges and infrastructure bottlenecks.
Scope
- Outlook on the crude oil and natural gas production in the country
- Key details of active and upcoming oil and gas assets in the country
- Recently licensed blocks details, licensed blocks count by company, and latest discoveries
- Latest mergers and acquisitions, and awarded contracts related to the E&P sector in the country
Reasons to Buy
- Gain a strong understanding of Brazil’s E&P sector
- Facilitate decision making based on strong historical and outlook of oil and gas production data, licensed blocks details, and discoveries
- Assess your competitor’s production outlook and licensed blocks count in the country
- Analyze the latest M&A landscape and awarded contracts related to the country’s E&P sector
Table of Contents
- Executive Insights
- Key Takeaway
- Brazil Exploration and Production Sector
- Oil and Condensate Production Outlook
- Natural Gas Production Outlook
- Development Outlook
- Exploration
- Bidding and licensing
- Mergers & Acquisitions
- Takeaway
- About the Analyst
- Contact the Publisher
- Brazil, Total Gross Crude Oil and Condensate Production (bd) by Terrain, 2023-2029
- Brazil, Marketed Natural Gas Production by Terrain (mmcfd), 2023-2029
- Brazil, Gross Crude Oil and Condensate Production (bd), by Assets, 2023-2029
- Brazil, Marketed Natural Gas Production (mmcfd), by Assets, 2023-2029
- Brazil, Upcoming Oil and Gas Field Assets Details
- Brazil, Upcoming Oil and Gas Field by Status and Year
- Brazil, Net Entitlement Crude Oil and Condensate Production (bd), by Major Companies, 2023-2029
- Brazil, Net Entitlement Natural Gas Production (mmcfd), by Major Companies, 2023-2029
- Brazil, Recently Licensed Block Details
- Brazil, Recent Contracts
- Brazil, Recent M&A Activity
- Brazil, Total Gross Crude Oil and Condensate Production (bd) by Terrain, 2023-2029
- Brazil, Marketed Natural Gas Production by Terrain (mmcfd), 2023-2029
- Brazil, Gross Crude Oil and Condensate Production (bd), by Assets, 2023-2029
- Brazil, Marketed Natural Gas Production (mmcfd), by Assets, 2023-2029
- Brazil, Upcoming Oil and Gas Field by Status and Year
- Brazil, Net Entitlement Crude Oil and Condensate Production (bd), by Major Companies, 2023-2029
- Brazil, Net Entitlement Natural Gas Production (mmcfd), by Major Companies, 2023-2029
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Petrobras
