Overview:

Summary

This profile is the essential source for top-level energy industry data and information. The report provides an overview of each of the key sub-segments of the energy industry in Brazil. It details the market structure, regulatory environment, infrastructure and provides historical and forecasted statistics relating to the supply/demand balance for each of the key sub-segments. It also provides information relating to the crude oil assets (oil fields, refineries, pipelines and storage terminals) in Brazil. The report also analyses the fiscal regime relevant to the crude oil assets in Brazil and compares the investment environment in Brazil with other countries in the region. The profiles of the major companies operating in the crude oil sector in Brazil together with the latest news and deals are also included in the report.

Scope

• Historic and forecast data relating to production, consumption, imports, exports and reserves are provided for each industry sub-segment for the period 1996-2020.

• Historical and forecast data and information for all the major oil fields, refineries, pipelines and storage terminals in Brazil for the period 2000-2013.

• Operator and equity details for major crude oil assets in Brazil.

• Key information relating to market regulations, key energy assets and the key companies operating in the Brazil’s energy industry.

• Detailed information on key fiscal terms (such as rents, bonuses, royalty, cost recovery, profit oil, petroleum and corporate taxes) pertaining the geography is also provided. A sample calculation detailing how fiscal terms apply to a typical asset in the regime is included.

• Information on the top companies in the Brazil including business description, strategic analysis, and financial information.

• Product and brand updates, strategy changes, R&D projects, corporate expansions and contractions and regulatory changes.

• Key mergers and acquisitions, partnerships, private equity and venture capital investments, and IPOs.

Reasons to buy

• Gain a strong understanding of the country’s energy market.

• Facilitate market analysis and forecasting of future industry trends.

• Evaluate the attractiveness of the geography for oil investment in the light of government policies and the fiscal environment.

• Facilitate decision making on the basis of strong historic and forecast production, reserves and capacity data.

• Understand the geography’s policies and fiscal terms, and their impact on contractor’s profits from upstream oil assets.

• Assess your competitor’s major crude oil assets and their performance.

• Analyze the latest news and financial deals in the oil sector of each country.

• Develop strategies based on the latest operational, financial, and regulatory events.

• Do deals with an understanding of how competitors are financed, and the mergers and partnerships that have shaped the market.

• Identify and analyze the strengths and weaknesses of the leading companies in the country.

Companies Mentioned

Petroleo Brasileiro S.A.
Royal Dutch Shell plc
Repsol YPF, S.A.

1 Table Of Contents

1.1 List of Tables

1.2 List of Figures
 

2 Brazil Energy Sector

2.1 Brazil Energy Sector, Market Overview

2.2 Brazil Energy Sector, Crude Oil

2.2.1 Brazil Crude Oil, Overview

2.2.2 Brazil Crude Oil, Supply and Demand Balance

2.2.3 Brazil Crude Oil, Regulatory Structure

2.2.4 Brazil Crude Oil, Infrastructure
 

3 Brazil, Fiscal System

3.1 Brazil Petroleum Fiscal Environment

3.1.1 Governing Law

3.1.2 Licensing Authority

3.1.3 State Participation

3.1.4 National Oil Company

3.1.5 Contract Type

3.2 License Terms

3.2.1 Exploration License (EL) Duration

3.2.2 Relinquishment during Exploration

3.2.3 Exploration obligation

3.2.4 Production Rights, Area & Duration

3.3 Key Offshore Fiscal Terms

3.3.1 Royalty

3.3.2 Bonuses

3.3.3 Petroleum Resource Rentals

3.3.4 Special Participation:

3.3.5 Taxation

3.3.6 Deductions and Depreciation

3.4 Key Onshore Fiscal Terms

3.4.1 Royalty

3.4.2 Bonuses

3.4.3 Rentals

3.4.4 Special Participation:

3.4.5 Taxation

3.4.6 Deductions and Depreciation

3.5 Brazil - Offshore, Fiscal System - Economic Modeling Methodology

3.5.1 Economic Modeling Methodology:

3.6 Brazil - Onshore, Fiscal System - Economic Modeling Methodology

3.6.1 Economic Modeling Methodology

3.7 Brazil - Offshore, Fiscal System - Sample Economics

3.8 Brazil - Onshore, Fiscal System - Sample Economics

3.9 Brazil - Offshore, Fiscal System - Sample Asset Valuation

3.10 Brazil - Onshore, Fiscal System - Sample Asset Valuation
 

4 Brazil Oil Upstream Investment Environment Benchmarking

4.1 Introduction

4.2 The Overall Ranking

4.3 Upstream Fiscal Attractiveness

4.3.1 Maximum Government Take Index

4.3.2 Maximum State Participation Index

4.3.3 Domestic Market Obligation Index

4.4 Oil Sector Performance

4.4.1 Exploration Activity

4.4.2 Oil Production

4.4.3 Oil Reserves

4.4.4 Oil Consumption

4.4.5 Refining Industry

4.5 Economic Performance

4.5.1 GDP Growth Index

4.5.2 FDI Confidence Index

4.5.3 Balance of Trade Index

4.6 Socio-Political Performance

4.6.1 Democracy Index

4.6.2 Governance Index
 

5 Brazil Exploration and Production Sector

5.1 Brazil Exploration and Production Sector, Country Snapshot

5.1.1 Brazil Exploration and Production Sector, Key Data

5.1.2 Brazil Exploration and Production Sector, Crude Oil Assets Map

5.2 Brazil Exploration and Production Sector, Gross Crude Oil Production

5.2.1 Brazil Exploration and Production Sector, Gross Crude Oil-Historical Production

5.2.2 Brazil Exploration and Production Sector, Gross Crude Oil Production by Assets

5.2.3 Brazil Exploration and Production Sector, Gross Equity Weighted Crude Oil Production by Company

5.2.4 Brazil Exploration and Production Sector, Market Share based on Gross Equity Weighted Crude Oil Production

5.3 Brazil Exploration and Production Sector, Gross Crude Oil Forecasts

5.3.1 Brazil Exploration and Production Sector, Gross Crude Oil Forecasted Production

5.3.2 Brazil Exploration and Production Sector, Gross Revenue Forecast

5.3.3 Brazil Exploration and Production Sector, Government Take Forecast

5.3.4 Brazil Exploration and Production Sector, Contractor Take Forecast

5.4 Brazil Exploration And Production Sector, Crude Oil Asset Details

5.4.1 Brazil Exploration And Production Sector, Active Crude Oil Asset Details

5.4.2 Brazil Exploration And Production Sector, Planned Crude Oil Asset Details

5.5 Brazil Exploration And Production Sector, Major Oil Discoveries

5.5.1 Brazil Exploration And Production Sector, Number of Oil Discoveries, 2004- 2009

5.5.2 Brazil Exploration And Production Sector, Oil Discovery Details

5.6 Brazil Exploration and Production Sector, Recent Discoveries

5.6.1 Apr 12, 2010: OGX Announces Presence Of Hydrocarbons In Eocene Section Of OGX-9DB Well, Brazil

5.6.2 Apr 08, 2010: OGX Announces Presence Of Hydrocarbons In Aptian Section Of OGX-7A Well, Brazil

5.6.3 Apr 07, 2010: Petrobras' New Well Confirms Potential Tupi Oil Reserves

5.6.4 Apr 05, 2010: OGX Announces Presence Of Hydrocarbons In OGX-7A And OGX-10 Wells At Campos Basin, Brazil

5.6.5 Mar 31, 2010: OGX Announces Presence Of Hydrocarbons In Aptian Section Of 1-OGX-8-RJS Well, Brazil

5.7 Brazil Exploration and Production Sector, Drilling and Production Updates

5.7.1 Apr 22, 2010: Petrobras Crude Oil Output Up 0.3% In March 2010

5.7.2 Apr 22, 2010: OVL Produces 8.870 MMT Of Oil And Oil Equivalent Gas In 2009-10

5.7.3 Apr 12, 2010: Petrobras To Drill 15 Wells At Tupi Field By 2010

5.7.4 Apr 12, 2010: Petro Vista Energy Announces Successful Development Well In Brazil

5.7.5 Apr 09, 2010: Norse Energy Provides Q1 2010 Production Update
 

6 Brazil FPSO Industry

6.1 Brazil FPSO Industry, FPSO Capacity Details by Vessel

6.2 Brazil FPSO Industry, FPSO Vessel Specifications
 

7 Brazil Pipeline Sector

7.1 Brazil Pipeline Sector, Key Data

7.2 Brazil Pipeline Sector, An Overview

7.3 Brazil Pipeline Sector, Crude Oil Pipeline Companies

7.4 Brazil Pipeline Sector, Petroleum Product Pipeline Companies

7.5 Brazil Pipeline Sector, Crude Oil Pipelines

7.6 Brazil Pipeline Sector, Petroleum Products Pipelines
 

8 Brazil Refining Sector

8.1 Brazil Refining Sector, Key Data

8.2 Brazil Refining Sector, An Overview

8.2.1 Brazil Refining Sector, Total Refining Capacity

8.3 Brazil Refining Sector, Capacity- Wise Market Share by Company

8.4 Brazil Refining Sector, Crude Distillation Unit Capacity

8.5 Brazil Refining Sector, Coking Capacity

8.6 Brazil Refining Sector, Fluid Catalytic Cracking Capacity

8.7 Brazil Refining Sector, Hydrocracking Capacity
 

9 Brazil Oil and Chemicals Storage Sector

9.1 Brazil Oil and Chemicals Storage Sector, Key Data

9.2 Brazil Oil and Chemicals Storage Sector, An Overview

9.2.1 Brazil Oil and Chemicals Storage Sector, Total Storage Capacity

9.3 Brazil Oil and Chemicals Storage Sector, Capacity-Wise Market Share By Company

9.4 Brazil Oil and Chemicals Storage Sector, Storage Capacity
 

10 Profile of Petroleo Brasileiro S.A.

10.1 Petroleo Brasileiro S.A., Key Information

10.2 Petroleo Brasileiro S.A., Company Overview

10.3 Petroleo Brasileiro S.A., Business Description

10.3.1 Business Overview

10.3.2 Distribution

10.3.3 Exploration and Production

10.3.4 Gas and Energy

10.3.5 International

10.3.6 Supply

10.4 Petroleo Brasileiro S.A., SWOT Analysis

10.4.1 Overview

10.4.2 Petroleo Brasileiro S.A. Strengths

10.4.3 Petroleo Brasileiro S.A. Weaknesses

10.4.4 Petroleo Brasileiro S.A. Opportunities

10.4.5 Petroleo Brasileiro S.A. Threats
 

11 Profile of Royal Dutch Shell plc

11.1 Royal Dutch Shell plc, Key Information

11.2 Royal Dutch Shell plc, Company Overview

11.3 Royal Dutch Shell plc, Business Description

11.3.1 Business Overview

11.3.2 Corporate

11.3.3 Downstream

11.3.4 Upstream

11.4 Royal Dutch Shell plc, SWOT Analysis

11.4.1 Overview

11.4.2 Royal Dutch Shell plc - Strengths

11.4.3 Royal Dutch Shell plc - Weaknesses

11.4.4 Royal Dutch Shell plc - Opportunities

11.4.5 Royal Dutch Shell plc - Threats
 

12 Profile of Repsol YPF, S.A.

12.1 Repsol YPF, S.A., Key Information

12.2 Repsol YPF, S.A., Company Overview

12.3 Repsol YPF, S.A., Business Description

12.3.1 Business Overview

12.3.2 Downstream

12.3.3 Gas Natural SDG

12.3.4 LNG

12.3.5 Upstream

12.3.6 YPF

12.4 Repsol YPF, S.A., SWOT Analysis

12.4.1 Overview

12.4.2 Repsol YPF, S.A. Strengths

12.4.3 Repsol YPF, S.A. Weaknesses

12.4.4 Repsol YPF, S.A. Opportunities

12.4.5 Repsol YPF, S.A. Threats
 

13 Financial Deals Landscape

13.1 Detailed Deal Summary

13.1.1 Acquisition

13.1.2 Private Equity

13.1.3 Equity Offerings

13.1.4 Debt Offerings

13.1.5 Partnerships

13.1.6 Asset Transactions
 

14 Recent Developments

14.1 License Rounds

14.1.1 Oct 27, 2009: Brazil To Launch New Bidding Round In April 2010 Or May 2010

14.1.2 Sep 23, 2009: Brazil To Announce First Auction For Sub-Salt Production Blocks In H1 2010: Energy Minister Says

14.1.3 Aug 31, 2009: Brazil Not To Hold 8th Oil Auction Of Subsalt Exploration Blocks In 2009

14.1.4 Jul 08, 2009: ANP Disqualifies Six Companies From Signing Agreements For Exploration Blocks In Brazil

14.2 License Awards

14.2.1 Sep 25, 2009: Brazil's ANP Grants Extensions For 19 Concession Blocks To Petrobras

14.2.2 Sep 15, 2009: OGX Gets Operating License For Offshore Drilling Activity In Campos Basin, Brazil

14.2.3 Aug 05, 2009: Eromanga Hydrocarbons Secures ANP Approval For Full Field Development Of Block 330 In Brazil

14.2.4 Jul 08, 2009: Shell Wins Approval To Develop Santos Basin Block BS-4 In Brazil

14.2.5 May 22, 2009: Sinopec To Receive Rights For Exploring Two Brazilian Oil Blocks

14.3 Strategy and Business Expansion

14.3.1 Apr 15, 2010: Petrobras Signs Strategic Cooperation Agreement With Sinopec And CDB

14.3.2 Jan 20, 2010: Sonangol To Infuse $1 Billion In Brazil In 2010

14.3.3 Dec 21, 2009: Petrobras, Halliburton Sign Technological Cooperation Agreement

14.3.4 Nov 16, 2009: Repsol May Look For Partner To Develop Brazilian Discoveries

14.3.5 Sep 14, 2009: RIL May Acquire Oil Fields In Gulf Of Mexico And Brazil

14.4 Other Significant Developments

14.4.1 Apr 14, 2010: Petrobras Provides Drilling Update

14.4.2 Apr 14, 2010: Petrobras To Resume Operations At Replan Refinery In May 2010

14.4.3 Apr 07, 2010: Sinopec Lays 1,377km GASENE Gas Pipeline In Brazil

14.4.4 Mar 29, 2010: Petrobras Provides Investment Update

14.4.5 Mar 26, 2010: Petrobras Inaugurates Gasene Pipeline In Brazil

14.5 New Contracts Announcements

14.5.1 Dec 10, 2009: ENAP To Sell Refined Oil Products To Petrobras

 

15 Appendix

15.1 Methodology

15.1.1 Coverage

15.1.2 Secondary Research

15.1.3 Primary Research

15.1.4 E&P Forecasts

15.1.5 Midstream Forecasts

15.1.6 Expert Panel Validation

15.2 Contact Us

15.3 About GlobalData

15.4 Disclaimer
 

1.1 List of Tables

Table 1: Brazil, Historical and Forecasted Production and Consumption of Crude Oil (Thousand Barrels Per Day), 1996-2020

Table 2: Brazil, Historical and Forecasted Imports and Exports of Crude Oil (Thousand Barrels Per Day), 1996-2020

Table 3: Brazil, Historical Reserves of Crude Oil (Million Barrels), 1996-2009

Table 4: Brazil - Offshore, License Rental Rates, 2009

Table 5: Brazil - Offshore (More than 400 meters), Special Participation (In Reais) in First Year, 2009

Table 6: Brazil - Offshore (More than 400 meters), Special Participation (In Reais) in Second Year, 2009

Table 7: Brazil - Offshore (More than 400 meters) , Special Participation (In Reais) in Third Year, 2009

Table 8: Brazil - Offshore (More than 400 meters), Special Participation (In Reais) After Third Year, 2009

Table 9: Brazil - Offshore (Less than equal to 400 metres), Special Participation (In Reais) in First Year, 2009

Table 10: Brazil - Offshore (Less than equal to 400 meters), Special Participation (In Reais) in Second Year, 2009

Table 11: Brazil - Offshore (Less than equal to 400 meters), Special Participation (In Reais) in Third Year, 2009

Table 12: Brazil - Offshore (Less than equal to 400 meters), Special Participation (In Reais) After Third Year, 2009

Table 13: Brazil - Offshore, Depreciation Rate in Oil And Gas Industry, 2009

Table 14: Brazil - Onshore, License Rental Rates, 2009

Table 15: Brazil - Onshore, Special Participation (In Reais) in First Year, 2009

Table 16: Brazil - Onshore, Special Participation (In Reais) in Second Year, 2009

Table 17: Brazil - Onshore, Special Participation (In Reais) in Third Year, 2009

Table 18: Brazil - Onshore, Special Participation (In Reais) After Third Year, 2009

Table 19: Brazil - Onshore, Depreciation Rate in Oil And Gas Industry, 2009

Table 20: Brazil - Offshore (More than 400 meters), Base Asset Remaining NPV, Sensitivity to Discount Rates, Mid 2009

Table 21: Brazil - Onshore, Base Asset Remaining NPV, Sensitivity to Discount Rates, Mid 2009

Table 22: South and Central America, Investment Benchmarking, Overall Country Rankings, April 2010

Table 23: South and Central America, Investment Benchmarking, Upstream Fiscal Attractiveness, April 2010

Table 24: South and Central America, Investment Benchmarking, Oil Sector Performance, April 2010

Table 25: South and Central America, Investment Benchmarking, Economic Performance, April 2010

Table 26: South and Central America, Country Standings, Economic Performance, April 2010

Table 27: South and Central America, Investment Benchmarking, Socio-Political Performance, April 2010

Table 28: South and Central America, Country Standings, Socio-Political Performance, April 2010

Table 29: Brazil, Crude Oil Key Statistics, 2009

Table 30: Brazil, Total Gross Crude Oil Production (MMBBLs), 2002-2009

Table 31: Brazil, Gross Crude Oil Production (MMBBLs), by Major Assets, 2002-2009

Table 32: Brazil, Gross Equity Weighted Crude Oil Production (MMBBLs), by Company, 2002- 2009

Table 33: Brazil, Market Share (%) based on Gross Equity Weighted Crude Oil Production, 2002-2009

Table 34: Brazil, Gross Crude Oil Production (Thousand Barrels), Forecast by Major Assets, 2010-2015

Table 35: Brazil, Forecasted Major Assets Gross Revenue (000'$), 2010-2015

Table 36: Brazil, Projected Major Assets Government Take (000’$), 2010-2015

Table 37: Brazil, Projected Major Assets Contractor Take (000’$), 2010-2015

Table 38: Brazil, Major Active Oil Field Asset Details

Table 39: Brazil, Planned Oil Field Assets Details

Table 40: Brazil, Number of Oil Discoveries, 2004- 2009

Table 41: Brazil, Oil Discovery Details, 2004-2009 (Part - 1)

Table 42: Brazil, Oil Discovery Details, 2004-2009 (Part - 2)

Table 43: Brazil, Oil Discovery Details, 2004-2009 (Part - 3)

Table 44: Brazil, Oil Discovery Details, 2004-2009 (Part - 4)

Table 45: Brazil, Oil Discovery Details, 2004-2009 (Part - 5)

Table 46: Brazil FPSO Industry, FPSO Oil Production Capacities, 2009 (Part - 1)

Table 47: Brazil FPSO Industry, FPSO Oil Production Capacities, 2009 (Part - 2)

Table 48: Brazil FPSO Industry, FPSO Vessel Specifications, 2009

Table 49: Brazil, Pipeline Key Statistics, 2009

Table 50: Brazil, Crude Oil Pipeline Length by Company (Km), 2009

Table 51: Brazil, Petroleum Product Pipeline Length by Company (Km), 2009

Table 52: Brazil, Crude Oil Pipelines, 2009

Table 53: Brazil, Petroleum Products Pipelines, 2009 (Part - 1)

Table 54: Brazil, Petroleum Products Pipelines, 2009 (Part - 2)

Table 55: Brazil, Refinery Key Statistics, 2009

Table 56: Brazil, Total Refining Capacity (MMTPA), 2000- 2013

Table 57: Brazil, Refining Capacity by Company (MMTPA), 2000-2013

Table 58: Brazil, Crude Distillation Unit Capacity (MMTPA), 2000-2013

Table 59: Brazil, Coking Unit Capacity (MMTPA), 2000-2013

Table 60: Brazil, Fluid Catalytic Cracking Unit Capacity (MMTPA), 2000-2013

Table 61: Brazil, Hydrocracking Unit Capacity (MMTPA), 2000-2013

Table 62: Brazil, Oil and Chemicals Storage Key Statistics, 2009

Table 63: Brazil, Total Oil and Chemicals Storage Capacity (Thousand M3), 2000- 2013

Table 64: Brazil, Oil and Chemicals Storage Capacity by Company (Thousand M3), 2000-2013

Table 65: Brazil, Oil and Chemicals Storage Capacity (Thousand M3), 2000-2013 (Part - 1)

Table 66: Brazil, Oil and Chemicals Storage Capacity (Thousand M3), 2000-2013 (Part - 2)

Table 67: Brazil, Oil and Chemicals Storage Capacity (Thousand M3), 2000-2013 (Part - 3)

Table 68: Brazil, Oil and Chemicals Storage Capacity (Thousand M3), 2000-2013 (Part - 4)

Table 69: Brazil, Oil and Chemicals Storage Capacity (Thousand M3), 2000-2013 (Part - 5)

Table 70: Brazil, Oil and Chemicals Storage Capacity (Thousand M3), 2000-2013 (Part - 6)

Table 71: Brazil, Oil and Chemicals Storage Capacity (Thousand M3), 2000-2013 (Part - 7)

Table 72: Petroleo Brasileiro S.A., Key Facts

Table 73: Petroleo Brasileiro S.A., SWOT Analysis

Table 74: Royal Dutch Shell plc, Key Facts

Table 75: Royal Dutch Shell plc, SWOT Analysis

Table 76: Repsol YPF, S.A., Key Facts

Table 77: Repsol YPF, S.A., SWOT Analysis

Table 78: Petroleo Brasileiro To Acquire Marlim Participacoes

Table 79: Blackhawk Resource Enters Into Agreement To Sell Its Interest In RMC Exploracao Petrolifera

Table 80: Norse Energy Sells 30% Of Shares In Norse Energy do Brasil To Sector Omega

Table 81: Petroleo Brasileiro Plans For Public Offering

Table 82: Petrobras Completes 5.75% Bond Offering For $2.5 Billion

Table 83: Petrobras Completes 6.87% Bond Offering For $1.5 Billion

Table 84: Petrobras Issues 7.875% Global Notes Due March 15, 2019 For $1.25 Billion

Table 85: OGX Forms Joint Venture With MPX Energia

Table 86: BP To Acquire Oil Assets From Devon Energy

Table 87: Petroleo Brasileiro To Acquire 30% Interest In Block BM-C-33 Campos Basin From Repsol YPF And Statoil

Table 88: INPEX Received An Approval To Acquire Block BM-ES- 23 From Shell Brasil

Table 89: Statoil Plans To Sell 40% Interest In Peregrino Field In Brazil

Table 90: BP Plans To Acquire Oil Fields In Brazil From Repsol YPF

Table 91: Petro Vista Energy Acquires 37.5% Working Interest In Tartaruga Block

Table 92: OGX Acquires 70% Working Interest In Seven Blocks In The Parnaíba Basin From Petra Energia

Table 93: Petroleo Brasileiro To Sell 25% Interest In The Blocks ES-M 466, ES-M-468 And ES-M-527 To Vale

Table 94: OGX Petroleo e Gas Participacoes Acquires Additional 15% Stake In BM-S-29 Block

 

1.2 List of Figures

Figure 1: Brazil, Energy Sector Split by Fuel Type (%), 2009

Figure 2: Brazil, Historical and Forecasted Production and Consumption of Crude Oil (Thousand Barrels Per Day), 1996-2020

Figure 3: Brazil, Historical and Forecasted Imports and Exports of Crude Oil (Thousand Barrels Per Day), 1996-2020

Figure 4: Brazil, Historical Reserves of Crude Oil (Million Barrels), 1996-2009

Figure 5: Brazil - Offshore , Full Field Economics, Sample Cash Flows, 1969-2030

Figure 6: Brazil - Onshore, Full Field Economics, Sample Cash Flows, 1969-2030

Figure 7: Brazil - Offshore (More than 400 meters), Full Field Economics, Government and Contractor Takes

Figure 8: Brazil - Offshore (More than 400 meters), Full Field Economics, Post Tax Cash Flow vs. Gross Revenue

Figure 9: Brazil - Onshore, Full Field Economics, Government and Contractor Takes

Figure 10: Brazil - Onshore, Full Field Economics, Post Tax Cash Flow vs Gross Revenue

Figure 11: Brazil - Offshore (More than 400 meters), Full Field Economics, Project Post Tax Cash Flows At Various Discount Rates

Figure 12: Brazil - Onshore, Full Field Economics, Project Post Tax Cash Flows At Various Discount Rates

Figure 13: South and Central America, Country Standings, Upstream Fiscal Attractiveness, April 2010

Figure 14: South and Central America, Country Standings, Oil Sector Performance, by Reserves-Exploration & Production, April 2010

Figure 15: South and Central America, Country Standings, Oil Sector Performance, by Production-Consumption & Refining, April 2010

Figure 16: South and Central America, Country Standings, Exploration Blocks Awarded, April 2010

Figure 17: South and Central America, Country Standings, Economic Performance, April 2010

Figure 18: South and Central America, Country Standings, Socio-Political Performance, April 2010

Figure 19: Brazil, Crude Oil Fields Map, 2009

Figure 20: Brazil, Total Gross Crude Oil Production (MMBBLs), 2002-2009

Figure 21: Brazil, Gross Equity Weighted Crude Oil Production (MMBBLs), by Company, 2002-2009

Figure 22: Brazil, Market Share (%) based on Gross Equity Weighted Crude Oil Production, 2009

Figure 23: Brazil, Number of Oil Discoveries, 2004- 2009

Figure 24: Brazil, Total Refining Capacity (MMTPA), 2000- 2013

Figure 25: Brazil, Refining Capacity by Company (%), 2009

Figure 26: Brazil, Total Oil and Chemicals Storage Capacity (Thousand M3), 2000- 2013

Figure 27: Brazil, Oil and Chemicals Storage Capacity by Company (Thousand M3), 2000-2013

Figure 28: GlobalData Methodology