Full Description
The upstream oil and gas sector in Brazil has suffered several changes since the first edition of Brazilian Upstream Law and Gas. These changes relate, among others, to the introduction of a production sharing regime, local content challenges and new regulations for unconventional operations.
This new edition will include fully updated versions of all of the chapters covered in the first edition (including but not limited to the key elements of the Brazilian upstream legal framework, general Brazilian law, the regulatory entities and other players in the upstream sector, the petroleum legal regime, decommissioning challenges and project finance opportunities), but will also cover the regulatory changes for pre-salt and strategic areas, unconventional operations, local content challenges and other relevant topics.
The chapters are written by highly respected Brazilian professionals, including experts from Mattos Filho, Pinheiro Neto, Machado Meyer Sendacz e Opice Advogados, Vieira Rezende, Merrill Lynch, Campos Mello Advogados and Ernst & Young (now known as EY). Their insights offer reliable guidance for international investors, as well as the lawyers assisting them, when they are required to consider potential investments in Brazil. Such insights will be particularly useful for those who are not yet familiar with the country's legal system.
Contents
Introduction 5
Eduardo G Pereira
University of Eastern Finland;
Morais Leitão, Galvão Teles,
Soares da Silva (MLGTS)
The general principles of Brazilian law 9
Décio Pio Borges de Castro
Marcelo Viveiros de Moura
Pinheiro Neto Advogados
Governmental authorities: the CNPE, the Ministry of Mines and Energy and the ANP 27
Andrea Falcão
Schlumberger
Brazilian players: Petrobras, NOCs, IOCs and independents 39
Felipe Rodrigues Caldas Feres
Mattos Filho
Luis Antonio Menezes
Felsberg Advogados
Marcelo Romanelli
Rosneft Brasil
Concessions and the licence regime 59
Alexandre B Calmon
Daniela Ribeiro Davila
Vieira Rezende Advogados
The production sharing petroleum regime 77
Felipe Rodrigues Caldas Feres
Mattos Filho
Luis Antonio Menezes
Felsberg Advogados
Marcelo Romanelli
Rosneft Brasil
Raising capital for oil and gas projects in Brazil: joint ventures and other alternatives 87
Leonardo Miranda
CFA Advogados
José Virgilio Enei
Machado, Meyer, Sendacz e Opice
Advogados
Brazil local content: brief regulatory considerations 103
Luis Eduardo Izu
Giovani Loss
Fernando Gregio Lüdke
Mattos Filho
Eduardo G Pereira
University of Eastern Finland;
Morais Leitão, Galvão Teles,
Soares da Silva (MLGTS)
Transport and third-party access 119
Felipe Rodrigues Caldas Feres
Mattos Filho
Luis Antonio Menezes
Felsberg Advogados
Marcelo Romanelli
Rosneft Brasil
Environment 139
Fernanda Bortolini
Werner Grau Neto
Maria Christina Gueorguiev
Pinheiro Neto Advogados
Unconventional gas regulation in Brazil 147
Joisa Campanher Dutra Saraiva
Getúlio Vargas Foundation
Igor de Souza Tostes
Mattos Filho
Luis Eduardo Izu
Mattos Filho
Eduardo G Pereira
University of Eastern Finland;
Morais Leitão, Galvão Teles,
Soares da Silva (MLGTS)
Unitisation in Brazil 165
Lívia Amorim
FGV CERI
Eduardo G Pereira
University of Eastern Finland;
Morais Leitão, Galvão Teles,
Soares da Silva (MLGTS)
Guilherme Veloni
Global Geophysical
Brazilian tax aspects 181
Camila Galvão Anderi Silva
Fernando Tonanni
Machado, Meyer, Sendacz e Opice
Advogados
Decommissioning in Brazil 213
Eduardo G Pereira
University of Eastern Finland;
Morais Leitão, Galvão Teles,
Soares da Silva (MLGTS)
Finance - Part I 225
Luiz Claudio S Campos
Monique Serracelli Leiras
EY Brazil
Finance - Part II 243
Andrew Duncan
Semper Consulting Ltd
Law and jurisdiction 265
Luis Cláudio Furtado Faria
Marcelo Viveiros de Moura
Pinheiro Neto Advogados
About the authors 285
