Brazil is Ripe for Investment

The political and economic cycle in Brazil, as well as the corruption scandal, has exposed some deep issues. After a few difficult years, the potential for stabilization in the economy is present, while the net effect of the response to the corruption scandal should be increased transparency and better corporate governance, all of which positions the country for great returns for existing operators.

Energy policy in Brazil is beginning to shift to encourage investment by independent oil and gas operators. Strong commercial terms and an improving investment and regulatory framework should help drive an environment that is better suited for oil and gas investment in the coming years.