Grace Fan

Director, Brazil/Latin America Research

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Recent Brazil research

* Brazil: Cold winds blow on Temer, Elizabeth Johnson, Grace Fan, 22 Jun 2017
* Brazil: Waiting for Janot, Grace Fan, Elizabeth Johnson, 15 Jun 2017
* Brazil: Electoral court hints at 4-3 vote in favour of Temer, Grace Fan, Elizabeth Johnson, 8 Jun 2017
* Brazil: Electoral ‘trial of the century’ on track for quick ruling, Grace Fan, Elizabeth Johnson, 7 Jun 2017
* Brazil teeters on a political cliff edge, Larry Brainard, 2 Jun 2017

See all our Brazil research >>

Impact of the 11th E&P Round on the oil & gas sector and the economy

Overview

After a five-year auction hiatus, Brazil’s long-delayed 11th E&P Round for the oil & gas sector was held on 14 May. By any measure the auction was a resounding success, with aggressive bidding, a new record for signing bonuses totalling R$2.8 billion (US$1.4 billion) and overall minimum exploration investments estimated at R$6.9 billion (US$3.4 billion) over the next 5-8 years – including those in the country’s promising but technically challenging Equatorial Margin. Although...

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