Abstract:Brazil is one of the most prominent oil and gas offshore market. Recently, investors’ interest has increased, but not only because of the oil price recovery and pre-salt discoveries, but maybe also because of important changes in the regulatory side. Several issues have been discussed by authorities with the industry: local content flexibilization, unitization agreements, multiple fiscal regimes (PSA, Concessions, and Transfer of Rights Agreements), Repetro customs regime, decommissioning regulations, among ot… Show more
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