Brazil Oil Markets Investment Opportunities, Market Analysis and Forecasts to 2020

Brazil Oil Markets Investment Opportunities, Market Analysis and Forecasts to 2020

Summary

This profile is the essential source for top-level energy industry data and information. The report provides an overview of the oil industry in Brazil. It details the market structure, regulatory environment, infrastructure and provides historical and forecasted statistics relating to the supply/demand balance for the industry. It also provides information relating to the oil assets (oil fields, refineries, pipelines and storage terminals) in Brazil. The report also analyses the fiscal regime relevant to the 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 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 the oil industry for the period 1995-2020.
- Historical and forecast data and information for all the major oil fields, refineries, pipelines and storage terminals in Brazil Oil Markets Investment Opportunities, Market Analysis and Forecasts to 2020 Oil Markets Investment Opportunities, Market Analysis and Forecasts to 2020 for the period 1995-2020.
- Operator and equity details for major oil assets in Brazil Oil Markets Investment Opportunities, Market Analysis and Forecasts to 2020 Oil Markets Investment Opportunities, Market Analysis and Forecasts to 2020
- Key information relating to market regulations, key energy assets and the key companies operating in the Brazil Oil Markets Investment Opportunities, Market Analysis and Forecasts to 2020 Oil Markets Investment Opportunities, Market Analysis and Forecasts to 2020’s oil 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 Oil Markets Investment Opportunities, Market Analysis and Forecasts to 2020 Oil Markets Investment Opportunities, Market Analysis and Forecasts to 2020 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.

1 Table of Contents 2
1.1 List of Tables 9
1.2 List of Figures 12
2 Brazil Energy Sector 13
2.1 Brazil Energy Sector, Market Overview 13
2.2 Brazil Energy Sector, Crude Oil 14
2.2.1 Brazil Crude Oil, Overview 14
2.2.2 Brazil Crude Oil, Supply and Demand Balance 14
2.2.3 Brazil Crude Oil Regulatory Structure 20
2.2.4 Brazil Crude Oil, Infrastructure 21
3 Brazil Petroleum Fiscal Regime 22
3.1 Brazil Petroleum Fiscal Environment 22
3.2 License Terms 22
3.3 Key Fiscal Terms 23
3.4 Sample Cashflows Calculations 30
4 Brazil Oil Upstream Investment Environment Benchmarking 31
4.1 Introduction 31
4.2 The Overall Ranking 31
4.3 Upstream Fiscal Attractiveness 32
4.3.1 Maximum Government Take Index 33
4.3.2 Maximum State Participation Index 33
4.3.3 Domestic Market Obligation Index 34
4.4 Oil Sector Performance 34
4.4.1 Exploration Activity 36
4.4.2 Oil Production 37
4.4.3 Oil Reserves 37
4.4.4 Oil Consumption 38
4.4.5 Refining Industry 38
4.5 Economic Performance 38
4.5.1 GDP Growth Index 40
4.5.2 FDI Confidence Index 40
4.5.3 Balance of Trade Index 41
4.6 Socio-Political Performance 41
4.6.1 Democracy Index 43
4.6.2 Governance Index 43
5 Brazil Exploration and Production Sector 44
5.1 Brazil Exploration and Production Sector, Country Snapshot 44
5.1.1 Brazil Exploration and Production Sector, Key Data 44
5.1.2 Brazil Exploration and Production Sector, Crude Oil Assets Map 44
5.2 Brazil Exploration and Production Sector, Gross Crude Oil Production 45
5.2.1 Brazil Exploration and Production Sector, Gross Crude Oil-Historical Production 45
5.2.2 Brazil Exploration and Production Sector, Gross Crude Oil Production by Assets 46
5.2.3 Brazil Exploration and Production Sector, Gross Equity Weighted Crude Oil Production by Company 46
5.2.4 Brazil Exploration and Production Oil Sector, Market Share (%) based on Gross Equity Weighted Crude Oil Production 47
5.3 Brazil Exploration and Production Sector, Gross Crude Oil Forecasts 48
5.3.1 Brazil Exploration and Production Sector, Gross Crude Oil Forecasted Production 48
5.3.2 Brazil Exploration and Production Sector, Gross Revenue Forecast 49
5.3.3 Brazil Exploration and Production Sector, Government Take Forecast 49
5.3.4 Brazil Exploration and Production Sector, Contractor Take Forecast 50
5.4 Brazil Exploration And Production Sector, Crude Oil Asset Details 51
5.4.1 Brazil Exploration And Production Sector, Active Crude Oil Asset Details 51
5.4.2 Brazil Exploration And Production Sector, Planned Crude Oil Asset Details 52
6 Brazil Pipeline Sector 53
6.1 Brazil Pipeline Sector, Key Data 53
6.2 Brazil Pipeline Sector, An Overview 53
6.3 Brazil Pipeline Sector, Comparision of Key Crude Oil Pipeline Companies 53
6.4 Brazil Pipeline Sector, Comparision of Key Petroleum Product Pipeline Companies 54
6.5 Brazil Pipeline Sector, Crude Oil Pipelines 54
6.6 Brazil Pipeline Sector, Petroleum Products Pipelines 55
7 Brazil Refining Sector 58
7.1 Brazil Refining Sector, Key Data 58
7.2 Brazil Refining Sector, An Overview 58
7.2.1 Brazil Refining Sector, Total Refining Capacity 58
7.3 Brazil Refining Sector, Capacity- Wise Market Share by Company 59
7.4 Brazil Refining Sector, Crude Distillation Unit Capacity 61
7.5 Refining Industry In Brazil, Coking Capacity 62
7.6 Refining Industry In Brazil, Fluid Catalytic Cracking Capacity 63
7.7 Refining Industry In Brazil, Hydrocracking Capacity 63
8 Brazil Oil and Chemicals Storage Sector 64
8.1 Brazil Oil and Chemicals Storage Sector, Key Data 64
8.2 Brazil Oil and Chemicals Storage Sector, An Overview 64
8.2.1 Brazil Oil and Chemicals Storage Sector, Total Storage Capacity 64
8.3 Brazil Oil and Chemicals Storage Sector, Capacity-Wise Market Share By Company 66
8.4 Brazil Oil and Chemicals Storage Sector, Storage Capacity 67
9 Profile Of Petroleo Brasileiro S.A. 72
9.1 Petroleo Brasileiro S.A., Key Information 72
9.2 Petroleo Brasileiro S.A., Company Overview 72
9.3 Petroleo Brasileiro S.A., Business Description 72
9.3.1 Petroleo Brasileiro S.A., Business Description, Business Overview 72
9.3.2 Petroleo Brasileiro S.A., Business Description, Distribution 72
9.3.3 Petroleo Brasileiro S.A., Business Description, Exploration and Production 73
9.3.4 Petroleo Brasileiro S.A., Business Description, Gas and Energy 75
9.3.5 Petroleo Brasileiro S.A., Business Description, International 76
9.3.6 Petroleo Brasileiro S.A., Business Description, Supply 77
9.4 Petroleo Brasileiro S.A., Value Chain Analysis 79
9.4.1 Petroleo Brasileiro S.A., Value Chain Analysis, Upstream 79
9.4.2 Petroleo Brasileiro S.A., Value Chain Analysis, Midstream 80
9.4.3 Petroleo Brasileiro S.A., Value Chain Analysis, Downstream 81
9.4.4 Petroleo Brasileiro S.A., Value Chain Analysis, Retail 82
9.5 Petroleo Brasileiro S.A., SWOT Analysis 82
9.5.1 Petroleo Brasileiro S.A., SWOT Analysis, Overview 82
9.5.2 Petroleo Brasileiro S.A., SWOT Analysis, Strengths 83
9.5.3 Petroleo Brasileiro S.A., SWOT Analysis, Weaknesses 84
9.5.4 Petroleo Brasileiro S.A., SWOT Analysis, Opportunities 85
9.5.5 Petroleo Brasileiro S.A., SWOT Analysis, Threats 85
9.6 Petroleo Brasileiro S.A., Revenue Analysis 86
9.6.1 Petroleo Brasileiro S.A., Revenue by Segment 86
9.6.2 Petroleo Brasileiro S.A., Revenue by Geography 87
9.7 Petroleo Brasileiro S.A., Financial and Operational Review 88
9.7.1 Financial Statements 88
9.7.2 Financial Ratios 89
10 Profile of Royal Dutch Shell Plc 90
10.1 Royal Dutch Shell Plc, Key Information 90
10.2 Royal Dutch Shell Plc, Company Overview 90
10.3 Royal Dutch Shell Plc, Business Description 90
10.3.1 Royal Dutch Shell Plc, Business Description, Overview 90
10.3.2 Royal Dutch Shell Plc, Business Description, Chemicals 91
10.3.3 Royal Dutch Shell Plc, Business Description, Corporate and Others 92
10.3.4 Royal Dutch Shell Plc, Business Description, Exploration and Production 92
10.3.5 Royal Dutch Shell Plc, Business Description, Gas and Power 94
10.3.6 Royal Dutch Shell Plc, Business Description, Oil Products 96
10.3.7 Royal Dutch Shell Plc, Business Description, Oil Sands 97
10.4 Royal Dutch Shell Plc, Value Chain Analysis 99
10.4.1 Royal Dutch Shell Plc, Value Chain Analysis, Upstream 99
10.4.2 Royal Dutch Shell Plc, Value Chain Analysis, Midstream 100
10.4.3 Royal Dutch Shell Plc, Value Chain Analysis, Retail 101
10.4.4 Royal Dutch Shell Plc, Value Chain Analysis, Power Generation 101
10.4.5 Royal Dutch Shell Plc, Value Chain Analysis, Transformation 102
10.5 Royal Dutch Shell Plc, SWOT Analysis 103
10.5.1 Royal Dutch Shell Plc, SWOT Analysis, Overview 103
10.5.2 Royal Dutch Shell Plc, SWOT Analysis, Strengths 103
10.5.3 Royal Dutch Shell Plc, SWOT Analysis, Weaknesses 104
10.5.4 Royal Dutch Shell Plc, SWOT Analysis, Opportunities 105
10.5.5 Royal Dutch Shell Plc, SWOT Analysis, Threats 106
10.6 Royal Dutch Shell Plc, Revenue Analysis 107
10.6.1 Royal Dutch Shell Plc, Revenue by Segment 107
10.6.2 Royal Dutch Shell Plc, Revenue by Geography 108
10.7 Royal Dutch Shell plc, Financial and Operational Review 109
10.7.1 Financial Statements 109
10.7.2 Financial Ratios 110
11 Profile of Repsol YPF, S.A 111
11.1 Repsol YPF, S.A, Key Information 111
11.2 Repsol YPF, S.A, Company Overview 111
11.3 Repsol YPF, S.A, Business Description 111
11.3.1 Repsol YPF, S.A, Business Description, Business Overview 111
11.3.2 Repsol YPF, S.A, Business Description, Chemicals Segment 112
11.3.3 Repsol YPF, S.A, Business Description, Exploration and Production Segment 113
11.3.4 Repsol YPF, S.A, Business Description, Gas and Power Segment 114
11.3.5 Repsol YPF, S.A, Business Description, Refining and Marketing Segment 115
11.4 Repsol YPF, S.A, Value Chain Analysis 118
11.4.1 Repsol YPF, S.A, Value Chain Analysis, Upstream 118
11.4.2 Repsol YPF, S.A, Value Chain Analysis, Midstream 119
11.4.3 Repsol YPF, S.A, Value Chain Analysis, Downstream 120
11.4.4 Repsol YPF, S.A, Value Chain Analysis, Retail 120
11.5 Repsol YPF, S.A, SWOT Analysis 121
11.5.1 Repsol YPF, S.A, SWOT Analysis, Overview 121
11.5.2 Repsol YPF, S.A, SWOT Analysis, Strengths 122
11.5.3 Repsol YPF, S.A, SWOT Analysis, Weaknesses 123
11.5.4 Repsol YPF, S.A, SWOT Analysis, Opportunities 123
11.5.5 Repsol YPF, S.A, SWOT Analysis, Threats 125
11.6 Repsol YPF, S.A, Revenue Analysis 126
11.6.1 Repsol YPF, S.A, Revenue by Segment 126
11.6.2 Repsol YPF, S.A, Revenue by Geography 127
11.7 Repsol YPF, S.A, Financial and Operational Review 128
11.7.1 Financial Statements 128
11.7.2 Financial Ratios 129
12 Financial Deals Landscape 130
12.1 Detailed Deal Summary 130
12.1.1 Acquisition 130
12.1.2 Equity Offerings 133
12.1.3 Partnerships 134
12.1.4 Asset Transactions 138
13 Recent Developments 151
13.1 License Rounds 151
13.1.1 Apr 03, 2009: Brazil's ANP To Hold 11th Oil Concession Round In 2009 151
13.1.2 Mar 27, 2009: ANP To Offer Offshore Areas For 11th Oil And Gas Licensing Round 151
13.2 Strategy and Business Expansion 152
13.2.1 Mar 18, 2009: Petrobras To Construct LNG Import Terminal In Brazil 152
13.3 Recent Discoveries 153
13.3.1 May 18, 2009: Petrobras Finds Oil At 4BRSA708SPS Well In BM-S-3 Block In Brazil's Santos Basin 153
13.3.2 May 11, 2009: Petrobras Finds Oil At 1BRSA718ES Well In Espirito Santo Basin, Brazil 153
13.3.3 May 06, 2009: Petrobras Announces Discovery At ES-T-364 Block In Espirito Santo Basin, Brazil 154
13.3.4 Apr 30, 2009: Petrobras Reports Oil Find At ES-T-372 Inland Block In Santo Basin To ANP 154
13.3.5 Apr 28, 2009: Galp Energia Announces Oil Discovery At POT-T-521 Onshore Block In Potiguar Basin, Brazil 155
13.3.6 Apr 16, 2009: Petrobras Finds Traces Of Oil In 1BRSA682ESS Well At Brazil’s Espirito Santo Basin 155
13.3.7 Apr 14, 2009: Petrobras Announces Oil Discovery At BM-S-9 At Santos Basin, Brazil 155
13.3.8 Apr 08, 2009: BG Group Encounters Hydrocarbons At Corcovado-1 Well In Santos Basin, Offshore Brazil 156
13.3.9 Mar 30, 2009: Starfish Oil & Gas Finds Oil Traces In 1STAR11RN Well At Potiguar Basin, Brazil 156
13.4 Drilling and Production Updates 157
13.4.1 May 20, 2009: Petrobras' Brazil Oil Production Rises By 7.2% In April 2009 157
13.4.2 May 20, 2009: Shell To Begin Production At Parque das Conchas Project In August 2009 158
13.4.3 May 15, 2009: Petrobras Updates On Tupi Well In Santos Basin, Brazil 158
13.4.4 May 01, 2009: BG Group Commences Production From BM-S-11 Concession In Santos Basin, Brazil 159
13.4.5 Apr 30, 2009: Petrobras To Commence Production From Tupi Field In Santos Basin, Brazil 159
13.4.6 Apr 24, 2009: Petrobras Updates On Oil And Gas Production In Brazil 159
13.4.7 Apr 16, 2009: Petrobras To Pump First Oil From Its Tupi Field On May 1, 2009 160
13.4.8 Mar 30, 2009: Chevron Expects Peak Production From Frade Field At Campos Basin In Brazil By 2011 161
13.5 Financial Announcements 161
13.5.1 May 13, 2009: OGX Reports Net Profit Of BRL147.6 Million In Q1 2009 161
13.5.2 May 11, 2009: Petrobras Q1 2009 Net Profit Down 20% 162
13.6 Other Significant Developments 165
13.6.1 May 19, 2009: Petrobras Signs Funding Agreement Worth $10 Billion With CDB 165
13.6.2 May 14, 2009: Petrobras Clarifies Pre-Salt Block Issues 165
13.6.3 May 13, 2009: ANP Denies Petrobras' Santos Basin Blocks Extension 166
13.6.4 May 05, 2009: Chevron To Drill Wells In Subsalt Region Of Brazil 166
13.6.5 Apr 27, 2009: Petrobras To Conduct Tests At Offshore Tupi Field In Santos Basin, Brazil 167
13.6.6 Apr 22, 2009: OGX Announces Changes In Senior Management 168
13.6.7 Apr 16, 2009: Petrobras Looks For New Rigs, Advances On Its Five-Year Investment Plan 169
13.6.8 Mar 27, 2009: Chevron Says Frade Field At Campos Basin In Brazil To Produce 90,000 Bod In 2011 170
13.6.9 Mar 23, 2009: ANP To Accelerate Process For Oil And Gas Exploration Block Concessions 171
14 Appendix 172
14.1 Methodology 172
14.1.1 Coverage 173
14.1.2 Secondary Research 174
14.1.3 Primary Research 174
14.1.4 E&P Forecasts 174
14.1.5 Midstream Forecasts 176
14.1.6 Expert Panel Validation 176
14.2 Contact Us 176
14.3 About GlobalData 176
14.4 Disclaimer 177